New York close to Reva EV plant deal
SYRACUSE, NEW YORK - New York State is close to securing an electric car assembly plant, which would be among the first in the nation.
Reva, an electric-car maker based in Bangalore, India, plans to work with Bannon Automotive, a Long Island electric-car firm, to build a three-door hatchback at a still-to-be-determined site near Syracuse.
The plans, which await final approval from Reva’s full board, were reported by the Post-Standard, a Syracuse newspaper, which noted that it was “not clear how much of the company’s financing package is complete.”
Only a couple of electric car plants currently exist in the United States, and electric cars have yet to hit the roads in large numbers.
Tesla plans a power-train plant in Palo Alto, though it is still looking for an assembly plant site for its Model S.
Fisker Automotive, another California start-up, plans soon to announce the site for a United States plug-in hybrid plant, according to Dow Jones.
The company recently received $529 million in loans from the Department of Energy.
Global Electric Motorcars, a Chrysler subsidiary, also makes electric cars in Fargo, N.D.
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Ontario Reducing Burden on Industrial Electricity Ratepayers
TORONTO - Ontario's government is pursuing burden reduction measures for industrial electricity ratepayers to help businesses compete, and stimulate growth and investment.
Over the next year, Ontario will help industrial electricity ratepayers focus on their businesses instead of their electricity management practices by establishing an energy concierge service to provide businesses with better customer service and easier access to information about electricity pricing and connection processes.
Ontario is also tasking the Independent Electricity System Operator (IESO) to review and report back on its billing, settlement and customer service processes. This includes identifying opportunities to:
Improve and simplify industrial electricity bills;
Review how the monthly…
