Danny Goodman / New Delhi May 01, 2009, 0:50 IST

Bangalore-based Reva Electric Car Company (RECC), two-wheeler maker Bajaj Auto and Tata Motors are finalising plans to launch electric vehicles in Europe and the US to take advantage of subsidies these countries are offering as part of their environmental agendas.

A proposal to ban sales of new gasoline-powered cars in Norway from 2015 could help spur struggling carmakers to shift to greener models, Finance Minister Kristin Halvorsen said Saturday.

Devesh K. Pandey

NEW DELHI: Taking a break from routine car rides and padyatras, the Congress candidate for the Lok Sabha from Chandni Chowk, Kapil Sibal, came up with a novel idea on Monday campaigning on a solar-powered rickshaw in the narrow lanes of the Walled City of Delhi.

A proposal to ban sales of new gasoline-powered cars in Norway from 2015 could help spur struggling carmakers to shift to greener models, Finance Minister Kristin Halvorsen said on Saturday.

The United States and other rich nations must do more to help clinch a landmark deal on climate change this year, a top U.N. official said at a meeting of global environment ministers.

Motorists are to be offered up to 5,000 pounds to encourage them to buy electric or hybrid cars under a new government plan.

The plan also sets aside 20 million pounds for charging points and infrastructure to develop a network of what the government calls "electric car cities".

The incentives will be offered from 2011 when a new generation of electric cars is expected to become available.

Minor metal lithium is set to charge ahead to become the top material for batteries and vital for electric transport, but supplying any spike in demand could be fraught with difficulties.

Bolivia, a poor but resource-rich country governed for the past three years by leftist Evo Morales, has about 50 percent of the world's lithium deposits at about 5.4 million tonnes.

Japan's Nissan Motor Co and France's Renault said on Friday they will supply electric cars to China, the world's largest auto market.

The Franco-Japanese alliance will provide the Chinese government with a comprehensive plan for marketing and for a battery-charging network, with the aim of selling electric vehicles to China in early 2011.

French automaker Renault and its Japanese partner Nissan said on Friday they had signed a cooperation accord with China to produce environmentally friendly vehicles. Wuh an, a major city in central China, will serve as the pilot region for the project.

The European Investment Bank approved 866 million euros ($1.2 billion) for loans to carmakers to make cleaner cars as part of a package to help the sector. The money is part of a 7 billion euro lending package to the ailing European auto industry that the bank, the European Union

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