DEVELOPMENT PERSPECTIVES OF GREEN CAR MARKET
DEVELOPMENT PERSPECTIVES OF GREEN CAR MARKET

Summary/Abstract: Development of green cars market is an important component of European Union Strategy as far as deeming sustainable transport as environmentally imperative. As a result, the paper is focusing on few important vectors for green infrastructure development: fuelling innovation, improving manufacturing but also mobility management. European Union is financing research in related areas, such as electric and hybrid vehicles, logistics, internal combustion engine, biofuels, hydrogen fuel cells and the like. Main challenge for EU is to create the mobility capacity needed to draw transport sector to this path. For its part, the Romanian Ministry of Environment has proposed a 70 million lei grant from the Environment Fund to stimulate acquisition of electric and hybrid cars and also to develop charging infrastructure. The Romanian Government launched, likewise, in august 2016 a program for financing green infrastructure, and encourages public authorities and firms to invest in electric car charge stations. Romanian Ministry of Environment, together with the Environment Fund Administration (AFM), published the guidelines for the allocation of these funds projects. The point is allocating money for infrastructure projects is the thing to do, in Romania, where, with the exception of a few big cities, there is no infrastructure for charging electric cars. Therefore, the main challenges Romania faces in this respect are dealt with by public authorities, whose capacity to co-finance that kind of projects is low. On the other hand, firms are going to come up with projects because they are interested in developing such ventures for their own benefit, and, indirectly, for benefit of green infrastructure.

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