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J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

The first evidence can be seen in consumer interest in the Ford Mustang Mach-E and the Tesla Model Y following the reclassification of both vehicles as SUVs, which made them eligible for a $7,500 federal tax credit under the Inflation Reduction Act. Consumers responded immediately with a 3.4

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Rechargeable Zinc-Air Battery Company Approved to Receive $6.8M in Loans and Tax Credits from the State of Oregon and City of Portland

Green Car Congress

ReVolt Technology, LLC, a company that is developing rechargeable zinc-air batteries ( earlier post ), has been approved to receive a package of loans and tax credits from Oregon and Portland authorities totaling approximately $6.8 When fully depleted, the batteries degrade into environmentally-benign compounds.

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Honda Clarity Electric in California and Oregon dealerships; $269/mo

Green Car Congress

The 2017 Honda Clarity Electric sedan arrived at the beginning of August in select dealerships in California and Oregon. With an introductory lease price of $269 (plus tax) a month for 36 months, the lease terms include an allowance of 20,000 miles per year and 24/7 roadside assistance. kWh lithium-ion battery pack.

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EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Total US sales of plug-in electric vehicles (PEVs)—battery electric and plug-in hybrid electric—have increased in recent years, but still represent only about 0.7% Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. of new vehicle sales in 2014 so far, up from 0.6% in 2013 and 0.4%

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

Green Car Congress

Including the $7,500 federal tax credit for which the Nissan LEAF will be fully eligible, the consumer’s after-tax net value of the vehicle will be $25,280. Charging dock and installation are eligible for a 50 percent federal tax credit up to $2,000. Tags: Electric (Battery). Earlier post.).

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Oregon incentives to shift from hybrids to plug-ins

Plugs and Cars

Oregon's House has passed a bill to end the $1500 tax credit for conventional hybrid vehicles on the last day of 2009. House Bill 2180 , which passed overwhelmingly, Creates specific tax credit for purchasers of plug-in hybrid electric vehicles and related equipment. After that point only plug-in vehicles qualify.

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Zinc-Air Battery Company ReVolt Applying for $30M in Recovery Act Funds; Targeting EV Applications

Green Car Congress

ReVolt, based in Stäfa, Switzerland, has selected Portland, Oregon as the location for its US headquarters and manufacturing center. By locating in Oregon, the company will be eligible, and intends to apply for, Business Energy Tax Credits from the Oregon Department of Energy for battery research and production.

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