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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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BMW CEO urging tax subsidies for electric vehicles in Germany to bolster sales

Green Car Congress

BMW CEO Norbert Reithofer is calling for tax subsidies in Germany to help meet the federal government’s target of having 1 million electric cars on the road in eight years. Because of the high purchase prices for electric cars, there is a need for incentives. for example, the tax law.”.In Financial Times Deutschland.

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T&E study finds plug-in hybrids show higher CO2 emissions than claimed

Green Car Congress

T&E said governments should therefore end the purchase subsidies and tax breaks for plug-in hybrids. T&E has commissioned Emissions Analytics to test three of the most popular PHEVs sold in 2019: a BMW X5 (longest EV range PHEV available), a Volvo XC60 and the Mitsubishi Outlander.

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Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

Green Car Congress

At the same time, Sommer said in his presentation at the 2015 Electric Drive Congress in Washington DC, continued legislative support is needed to reach the next level of electric vehicle adoption. Examples in this category include protecting and expanding existing tax credits in the Energy Independence and Security Act. Earlier post.)

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

A study by researchers at the Institute of Transportation Studies, UC Davis finds that buyers of plug-in vehicles (PEVs) are substantially less satisfied with the dealer purchase experience than buyers of conventional vehicles—with the notable exception of Tesla buyers. In some cases, dealers outright discouraged PEV purchases.

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Connecticut providing up to $3K cash rebate for buyers of BEVs, FCEVs, and PHEVs while funding lasts

Green Car Congress

Malloy announced the Connecticut Hydrogen and Electric Automobile Purchase Rebate Program (CHEAPR). Under this new initiative, a cash rebate of up to $3,000 is now available for Connecticut residents, businesses, and municipalities who purchase or lease an eligible electric vehicle (EV). Connecticut Governor Dannel P.

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ABI Research sees annual EV sales at 2.36M units worldwide in 2020; importance of autonomous EVs in Internet of Things

Green Car Congress

Overall, EV sales have been disappointing so far due to a lack of choice and perceived personal benefits, high purchase prices, and most importantly, consumer anxiety about range, maximum speed, recharging times, and the lack of public charging infrastructure. —ABI VP and practice director, Dominique Bonte.

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