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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. When the purchase cost of each type of vehicle is factored in, average gasoline vehicles are $1,454 per year cheaper to run.

Purchase 321
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BMW CEO urging tax subsidies for electric vehicles in Germany to bolster sales

Green Car Congress

BMW CEO Norbert Reithofer is calling for tax subsidies in Germany to help meet the federal government’s target of having 1 million electric cars on the road in eight years. But last year, we sold just 2,000, including 100 at retail,” Reithofer said on Thursday at the “Handelsblatt” annual conference in Munich.

Tax 250
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Tesla introduces financing product for Model S customers; lease-sale hybrid

Green Car Congress

Essentially, said Tesla CEO Elon Musk in a conference call describing the product, the new approach allows one to buy a new Model S for no money down net of the tax credit and as low as about $500 net out of pocket cost per month, depending upon the model, specific state incentives, and personal parameters (e.g.,

Financing 210
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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
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Next 10 report says widespread EV adoption in California could deliver significant economic benefits to the state by 2030 and 2050

Green Car Congress

Widespread adoption of plug-in electric vehicles (PEVs) in California could confer significant economic benefits by both 2030 and 2050, resulting in increases to Gross State Product (GSP), employment, real household incomes, and state revenue, according to a new report commissioned by the think tank Next 10.

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Governor George Pataki Calls for 40% Penetration of Electric Drive Vehicles in US by End of Decade

Green Car Congress

In a talk at the opening plenary of the Electric Drive Transportation Association (EDTA) conference in Washington, DC, former New York Governor George Pataki called for a 40% market penetration of electric drive vehicles in the US by the end of the decade. Incentivize the battery makers. Consumers and Charging.

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Partner Update and Announcement

Plug In Partners

C oming this fall, mark you calendars for the Austin Energy Alt Car Expo and Conference. Unfortunately, consumer tax incentives for the purchase of plug in hybrids were not included. Unfortunately, consumer tax incentives for the purchase of plug in hybrids were not included. The bill (H.R.