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J.D. Power sees hybrid and EV share below 10% of US market through 2016 despite rising fuel prices

Green Car Congress

By the end of 2016, J.D. Power also sees hybrid and electric vehicle share of the US market to remain below 10% through 2016. At the end of 2010, tax credits from the Energy Policy Act of 2005 were phased out. Without a tax credit to offset the price premium, consumers must absorb all of this additional cost.

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J.D. Power: First-time owners find switching to EVs highly satisfactory

Green Car Congress

Those 10 factors are (in alphabetical order): accuracy of stated battery range; availability of public charging stations; battery range; cost of ownership; driving enjoyment; ease of charging at home; interior and exterior styling (new in 2022); safety and technology features (new); service experience (new); and vehicle quality and reliability.

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How Much is a Tesla? Much Less, After These Tax Credits and Rebates

EV Life

The reason for the price changes is due to several factors, including shifts in demand and changes to federal rules regarding which electric vehicles qualify for tax credits. In January, the manufacturer announced price cuts to its lower-cost EVs, ranging from $3,000 to $13,000, up to 20% off the sticker price, depending on the model.

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DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs

Green Car Congress

million conditional loan to Fisker Automotive for the development of two lines of plug-in hybrids—the Karma and the new Project Nina vehicle—by 2016. While the final assembly of the Karma will be done overseas, more than 65% (based on cost) of the parts required for Karma will come from US suppliers. The second stage includes a $359.36-million

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GAO study concludes Renewable Fuel Standard will miss advanced biofuel program targets; EPA generally concurs

Green Car Congress

For example, for 2016, EPA set a volume requirement of 3.61 This disparity in costs is a disincentive for consumers to adopt greater use of biofuels and also a deterrent for private investors entering the advanced biofuels market. billion gallons for total advanced biofuel, although the statutory target is 7.25 billion gallons.

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How EV Charging Boosts Value at Commercial Real Estate

Blink Charging

In fact, online searches for sustainable goods increased globally by 71% from 2016 to 2021, according to one Economist/World Wide Fund for Nature report. Notably, the installation costs of DCFCs are significantly more than Level 2 charging stations. Customers are increasingly seeking out environmentally friendly companies.

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

Industrial sources will not enter the program until 2016. Prior to 2016, allowance value is dedicated to offset electricity and natural gas rate increases for industrial rate-payers and to improve energy efficiency in manufacturing to keep power bills down in the future. Expanding manufacturing.