Better Place, which is building a global network of charging stations for the electric car industry, expects its e-cars to be significantly cheaper than gasoline-powered counterparts, its CEO was quoted as saying.

Toyota Motor Corp is preparing a $1 billion marketing campaign to boost U.S. sales in the fourth quarter, while also expanding its line of hybrid models under the Prius name, the company said on Thursday.

The $1 billion will include a media campaign, as well as buyer and dealer incentives, including sweeteners for leasing.

Dutch utility Essent expects to see one million electric vehicles on the roads in the Netherlands by 2020, its head of new energy said on Thursday.

Alexandra van Huffelen said Essent was working with other Dutch companies to stimulate the industry, lobbying the government to speed up the introduction of electric cars and launching demonstration projects around the country.

Japan's prime minister-elect said on Monday he will forge ahead with a tough 25 percent cut in emissions by 2020, despite growing opposition from industry which says the target will hurt the world's No. 2 economy.

But Yukio Hatoyama added that the target, more ambitious than the outgoing government's, was premised on a deal on ambitious goals being agreed by major nations.

Japan's Mitsubishi Motors Corp said on Friday it has formally signed a contract for a previously announced tie-up with France's Peugeot-Citroen in electric vehicles.

The two carmakers had agreed in March to cooperate in developing and marketing electric cars.

Under the contract, Mitsubishi Motors will supply electric cars to Peugeot-Citroen.

Toyota Motor Corp, the world's largest carmaker, will ask Japan's new government to extend the deadline for subsidies on purchases of new environmentally friendly cars by two years from the original schedule of March 2010, a Toyota executive said on Wednesday.

The U.S. Energy Department will award nearly $300 million to a clean cities program to help communities buy alternative-fuel vehicles, Vice President Joe Biden and Energy Secretary Steven Chu said on Wednesday.

Honda Motor Co Ltd plans to develop an electric car to debut in the U.S. market by around 2015 as tighter environmental regulations push demand for zero-emission vehicles, the Nikkei newspaper said on Saturday.

A spokesperson for the company, Japan's No. 2 automaker, said it was developing an electric car but had not decided when to launch it.

Despite Toyota

German Chancellor Angela Merkel's cabinet on Wednesday agreed a plan to get a million electric cars on Germany's roads by 2020 and transform the country into the world's top electric car market.

The plan includes 500 million euros ($705.1 million) of funding for the construction of electric charging stations and programs to boost battery technology in Europe's biggest auto market.

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