Remove 2014 Remove Cost Of Remove Purchase Remove Tax Credit
article thumbnail

EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

of new vehicle sales in 2014 so far, up from 0.6% Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. These incentives are in addition to a federal (nationwide) tax credit, which ranges from $2,500 to $7,500 depending on battery capacity and gross vehicle weight. in 2013 and 0.4%

Plug-in 381
article thumbnail

Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

Its efforts to incorporate alternative fuel vehicles (AFVs) into its fleet began in 2002 with an initial purchase of hybrid electric vehicles (HEVs), mainly the Toyota Prius and Ford Escape hybrid. Based on its experience to date with the two, Loveland ordered another three for 2013 and an additional four for 2014.

Houston 312
article thumbnail

US Senators Introduce Bill to Expand Incentives for Natural Gas Vehicles

Green Car Congress

US Senator Robert Menendez (D-NJ) last week introduced new legislation, co-sponsored by Senate Majority Leader Harry Reid (D-NV) and Senator Orrin Hatch (R-UT) that extends and increases tax credits for natural gas vehicle purchasing, refueling and manufacturing. Includes conversions and repowers.

Gas 170
article thumbnail

UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

Davis 290
article thumbnail

ICCT study finds state EV incentives playing a significant role in driving sales

Green Car Congress

A study by a team from the International Council on Clean Transportation (ICCT) shows that state electric vehicle incentives are playing a significant early role in reducing the effective cost of ownership and driving electric vehicle sales. Source: ICCT. Click to enlarge. —Jin et al. per year in recent years.

Sale 374
article thumbnail

National Academies issues interim report on overcoming barriers to PEV deployment

Green Car Congress

A final, comprehensive report will be published in late summer 2014. The committee will continue to gather and review information and conduct analyses through late spring 2014 and will issue its final comprehensive report in late summer 2014. PEVs have higher purchase prices than comparable conventional vehicles.

Plug-in 312
article thumbnail

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

and model 2011 2012 2013 2014 2015. However, additional policy steps are needed to further drive innovation, reduce costs, and spur consumer demand, the report says. The performance and cost effectiveness of the early EVs in the market will be a major but unknowable factor in how many EVs are on the road by 2015. Ford Focus EV.

2015 210