article thumbnail

Ford prices C-MAX Energi plug-in hybrid at $29,995 after federal tax credit; expects conquest rate of about 50%

Green Car Congress

Its eligibility for a $3,750 federal tax credit drops that to $29,995. Both Prius Plug-in models qualify for a federal tax credit of $2,500. C-MAX Energi also is expected to qualify for additional tax credits up to $1,500 in California. The base MSRP for the Prius Plug-in Hybrid is $32,000.

article thumbnail

Altech-Eco Receives Final EPA Certifications for Dedicated and Bi-Fuel 2010 Ford Focus CNG/Gasoline Conversion Systems

Green Car Congress

Altech-Eco Corporation has obtained Certificates of Conformity (COC) from the EPA for its new dedicated and bi-fuel 2010 Ford Focus compressed natural gas (CNG) conversion systems. Households or companies can receive a $4,000 Federal Income Tax Credit by purchasing and converting a vehicle with Altech-Eco’s conversion system.

article thumbnail

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge.

article thumbnail

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. The largest reductions in GHG emissions from transportation are obtained by increasing the cost of driving with fuel taxes, resulting in lower emissions in 2030 than in 2010.

article thumbnail

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. Slower than expected sales of hybrids everywhere in the world but Japan in 2010.

article thumbnail

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

World ethanol and biodiesel production, 1975-2010. Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. Source: Worldwatch Institute. Click to enlarge. —Sam Shrank. Sugarcane ethanol supplies 41.5%

2010 256
article thumbnail

EIA: US consumption of alt fuels up 13% in 2011; E85 second behind natural gas; medium-duty vans had greater impact than LDVs

Green Car Congress

Overall consumption of alternative transportation fuels in the US increased almost 13% in 2011 to a total of 515,920 thousand gasoline-equivalent gallons, compared to 457,755 thousand gasoline-equivalent gallons in 2010, according to the latest Alternative Fuel Vehicle Data from the US Energy Information Administration (EIA).

2011 218