article thumbnail

NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. If by 2015, 2.5

article thumbnail

Plug-in cars: Moving Forward

Plugs and Cars

Mitsubishi has begun to manufacture the iMiev in the thousands for the Japanese market. President Obama has stated a commitment to 1 million plug-in cars by 2015. In addition to the California funds there is federal stimulus money, $41 million by mid-April, being doled out to their projects, many of zero environmental benefit.

Plug-in 100