article thumbnail

Tesla gets $330M tax break for Giga Nevada expansion plan

Teslarati

The Nevada Governor’s Office of Economic Development (GOED) Board approved a $330,250,366 million tax break for Tesla. Listed below are the taxes Tesla could generate, assuming it invests all $3.6 million in gross average annual property tax revenues $11.2 million in gross average annual sales taxes $1.1

Nevada 120
article thumbnail

2014 Chevrolet Malibu 2.5L base model with standard stop/start delivers 14% improvement in city fuel economy

Green Car Congress

The 2014 Chevrolet Malibu arriving in dealerships this fall will offer fuel-saving stop/start technology as standard on its 2.5L l/100 km, respectively)—a 14% improvement in city fuel economy—at a starting price of $22,965, including an $825 destination charge but excluding tax, title, and license and dealer fees.

article thumbnail

Gasoline consumption in California rose 2.4% during FY 2014-15; largest yearly increase in a decade

Green Car Congress

during fiscal year (FY) 2014-15, the largest yearly increase since FY 2003-2004 (increase of 2.6%). The rise in fuel consumption signals a strengthening California economy, with cheaper gas prices encouraging more vehicle travel. Fiscal year gasoline consumption data is calculated from July 1, 2014 – June 30, 2015.

2014 150
article thumbnail

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

During 2014, the global plug-in electric vehicle (PEV) industry is poised to grow by 86% and will surpass more than 346,000 new vehicles sold, according to a new white paper—“ Electric Vehicles: 10 Predictions for 2014 ”—published by Navigant Research. Automakers will push for changes in the California ZEV mandates.

2014 346
article thumbnail

Cadillac ELR EREV goes on sale in January, starting price $75,995

Green Car Congress

Initial sales of the 2014 Cadillac ELR extended range electric luxury coupe ( earlier post ) will begin in January in all major US metropolitan areas. The 2014 ELR has a starting price of $75,995, including a $995 destination charge but excluding tax, title, license and dealer fees. 2014 Cadillac ELR. A T-shaped, 16.5

Cadillac 353
article thumbnail

Chevrolet makes Stop/Start standard on base 4-cylinder in 2015 Impala; 5% improvement in city fuel economy

Green Car Congress

liter ECOTEC engine, an addition that improves the vehicle’s city fuel economy by nearly 5%, or one mile per gallon. Impala with stop/start yields an EPA-estimated fuel economy of 22 mpg city (10.7 lineup to feature stop/start technology, following the segment-first standard inclusion in the 2014 Malibu introduced late last year.

article thumbnail

Chevrolet debuts 2014 Cruze Clean Turbo Diesel for US and Canada

Green Car Congress

2014 Cruze Clean Turbo Diesel engine. Assembled in Lordstown, Ohio, the 2014 Cruze Clean Turbo Diesel has demonstrated an estimated 42 mpg (5.6 Final fuel economy ratings and power specs will be released closer to the on-sale date. 2014 Cruze Clean Turbo Diesel. Click to enlarge. turbo-diesel version of the Cruze.

Chevrolet 239