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Two factors are driving the recovery, notably low automotive inventory that will result in new car growth next year, combined with stimulus packages designed to benefit the ailing car sector while favoring the switch to electric and hybrid cars, which are typically more expensive than equivalent internal combustion-driven models.
For every kJ of chemical energy in the fuel for a spark ignition internal combustion engine, 73 % is sacrificed to chemical and thermal losses. Cash for Clunkers. There are two bills in the US House of Representatives to give people cash for replacing an old, fuel inefficient vehicle with a new, more efficient, one.
WASHINGTON -(Dow Jones)- Move over, cash for clunkers. By contrast, hybrid vehicles that mix traditional internal- combustion engines with electric power accounted for less than 3% of car sales in 2008, more than a decade after their introduction. November 16, 2009: 06:01 PM ET. By Judith Burns. Of DOW JONES NEWSWIRES.
After visiting with Nogales International newspaper staff, Reporter Denise Holley, EVJerr and the "Spirit" headed over to Nogales High School in order to link up with Automotive Instructor, Ruben Verdugo and his Class. After all, if the US Stimulus Package program could do "Cash for Clunkers," then why not "Cash for Conversions!".
Cheers EVADC'rs, PHEV'rs, and EVnthusiasts, One & All - After a Thanksgiving, fully stuffed and more, it was most gratifying to see that on her first "Plug-in Arizona" outing to Nogales, AZ, that the "Spirit" made the news on the front page of the Nogales International as follows. Then he asked them what performance meant to them.“Is
We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program. So these retrofits will cost less to drive right away, benefitting public, military, and private fleets, and individual drivers. Right now, buyers of new plug-in cars get up to $7,500 in tax credits.
Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. This growth is no small feat considering overall car sales have been falling in the past two years. Car manufacturers have already pledged over $2.5
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