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Tesla China: Top gov’t meeting confirms NEV purchase tax exemption extension

Teslarati

Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. The NEV purchase tax exemption, which was launched in 2014, allowed most consumers who purchase green vehicles to save about RMB 10,000 (around $1,500).

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XL Hybrids expanding product line-up with new plug-in hybrid system for pick-ups; product launch in Q4 2017

Green Car Congress

XL Hybrids is introducing a new product line, the XLP plug-in hybrid vehicle (PHEV) upfit solution. XLP ship-thru deliveries to fleet customers will begin in the fourth quarter of 2017, said Clay Siegert, XL Hybrids’ co-founder and chief operating officer. vehicle uptime on Class 2-6 vehicles for major fleets since 2013.

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New York plug-in car sales up 74% April-June with introduction of rebate

Green Car Congress

Cuomo announced that the state has seen a 74% increase in electric car sales over the same time period last year, resulting from the Drive Clean Rebate initiative launched on 21 March 2017. The Drive Clean Rebate provides New York residents with a rebate of up to $2,000 for the purchase of a new plug-in car from participating dealers.

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Navigant Research expects 2017 sales of plug-in electric vehicles in N America to be 50% greater than in 2016

Green Car Congress

According to a new report from Navigant Research ( Market Data: EV Geographic Forecasts ), 2017 sales of PEVs in North America are on track to be 50% greater than in 2016. Beyond 2017, sales are likely to continue to grow, but the rate of growth will slow. California continues to lead the United States with strong PEV penetration.

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Pike Research forecasts automotive Li-ion battery prices to drop by more than 1/3 by 2017

Green Car Congress

According to a recent report examining batteries for electric vehicles from Pike Research, as manufacturing efficiencies improve and access to lithium expands, the installed cost of Li-ion batteries will fall by more than one-third by the end of 2017. billion by 2017, the market intelligence firm forecasts. —John Gartner. (In

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First XL Hybrids XLP plug-in hybrid upfits to be installed on Ford F-150 pickups

Green Car Congress

XL Hybrids’s XLP plug-in hybrid electric vehicle (PHEV) upfit solution ( earlier post ) will roll out on Ford F-150 pickup trucks beginning fourth quarter 2017. looking forward to accepting XLP ship-thru deliveries beginning fourth quarter 2017. The full XLP system weighs 700 lbs (317.5

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Pike Research forecasts China plug-in market to reach 152,000 units/year by 2017, falling short of government targets; BEVs to dominate

Green Car Congress

PEV Sales in China by segment: 2012-2017. Pike projects the PEV market in China will grow at a compound annual growth rate (CAGR) of 60% from 2012 to 2017, surpassing 152,000 units sold annually by 2017. Source: Pike Research. Click to enlarge. Battery-electric (BEVs) will outsell. China’s Energy Saving and.

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