Similar to the Cash For Clunkers Program, the US government is giving a 2009 tax credit of $5300.00 for a neighborhood electric vehicle (NEV) aka "green" car. If you buy the golf cart smart, you could own it for practically nothing. Who wouldn't want one of these cute little, efficient cars?

Chinese government proposed a package of more than 200 billion yuan ($29 billion) for development of new energy cars before 2012, a state official said Thursday at an economic meeting as reported by Beijing based Jinghua newspaper.