article thumbnail

Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain.

article thumbnail

Nissan Sets US MSRP for 2011 LEAF EV at $32,780; As Low as $25,280 with Federal Tax Credit

Green Car Congress

NNA) set the US MSRP for the 2011 Nissan LEAF electric vehicle, which becomes available for purchase or lease at Nissan dealers in select markets in December and nationwide in 2011, at $32,780. Charging dock and installation are eligible for a 50 percent federal tax credit up to $2,000. Tags: Electric (Battery).

article thumbnail

President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award

Green Car Congress

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. The 183 projects in 43 states include several for the manufacturing of advanced batteries; biomass projects; and vehicles. GE claimed the largest of the battery-related awards, with a $25.5

article thumbnail

Amsterdam and Renault-Nissan Partner on EVs; Targeting Sales of 1,000 EVs by End of 2011

Green Car Congress

Among the specific targets agreed by both parties is a determination to register at least 1,000 EV sales by the end of 2011. As a first step to reaching that target, Nissan will deliver 100 Nissan LEAFs to fleet customers starting in February 2011. In June 2011, deliveries will begin to individual customers.

2011 199
article thumbnail

A123 Systems 8K filing says substantial doubt about its ability to continue as a going concern; status of grants and incentives

Green Car Congress

In its most recent 8K filing with the Securities and Exchange Commission (SEC), Li-ion battery maker A123 Systems said a number of circumstances have raised “ substantial doubt on [its] ability to continue as a going concern.”. A123 Systems has been the recipient of a number of state and federal grants and tax incentives. million, $0.3

Grant 299
article thumbnail

CMU study finds small battery PHEVs and gasoline hybrids the least-cost policy solution to reducing gasoline consumption

Green Car Congress

The federal subsidy significantly favors larger battery packs to a stronger degree than their potential for additional gasoline savings. A 2011 paper by Michalek and colleagues found that strategies to promote adoption of HEVs and PHEVs with small battery packs offer more social benefits (i.e., Peterson and Michalek 2012.

Gasoline 308
article thumbnail

Nissan to Warranty LEAF Battery for 8 Years, 100,000 Miles

Green Car Congress

Nissan will warranty the battery pack in its LEAF EV for 8 years and 100,000 miles, according to Carlos Tavares, executive vice president and a member of the Board of Directors of Nissan Motor Co., The warranty matches the term of the 8-year, 100,000 battery pack warranty announced by GM for its Volt EREV. Earlier post.).

San Jose 186