article thumbnail

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge.

article thumbnail

What EV Drivers Should Know About Leasing an EV This Year

Blink Charging

Although the $7,500 consumer tax credit for buying an electric car is becoming more restrictive for new vehicles adhering to specific manufacturing requirements , there’s a provision enabling consumers to still enjoy the credit when leasing an EV assembled outside of North America.

article thumbnail

Honda selects environmental consulting firm Gladstein, Neandross & Associates to support market development for Civic Natural Gas in new US markets

Green Car Congress

With high gasoline prices nationwide, the Honda Civic Natural Gas offers consumers a cleaner transportation alternative that is also cost effective. It is built on the same assembly line as the gasoline-powered Civic four-door models at Honda’s Greensburg, Indiana manufacturing facility.

Honda 225
article thumbnail

Polk County, Oregon Sheriff’s Office running 10 patrol cars on propane

Green Car Congress

Not only is there a 50-cent-per-gallon federal tax credit for operating on alternative fuels like propane autogas, filling up with autogas also costs substantially less than gasoline. We expect to save thousands annually on fuel costs alone by operating autogas vehicles. —Sergeant Mark Garton, Polk County Sheriff’s Office.

Oregon 220
article thumbnail

10 Reasons Your Next Car Should Be an EV

Plug in America

EVs are Better for the Environment Over the course of their lifetimes , EVs generate less than half of the GHG emissions of comparable gasoline-powered vehicles. keeps getting cleaner, meaning that these benefits will continue to grow in future years. Since EVs don’t use gasoline, they reduce America’s dependence on foreign oil.

article thumbnail

Forecast: US biodiesel production to surpass RFS target for second straight year

Green Car Congress

According to the report, biodiesel is the first Environmental Protection Agency (EPA)-designated “advanced biofuel”—a category that lists alternative fuels possessing at least 50% fewer emissions than gasoline—to reach 1 billion gallons of annual production.

article thumbnail

SoCal Ride-Share Airport Transportation Fleet Switching to Propane

Green Car Congress

million gallons of gasoline each year. The fuel tank fit snugly along the vehicle’s frame rail where the gasoline tank was. The 25-gallon capacity tank is made of 1/4" thick steel—more than 40 times more puncture resistant than the tank equipped on factory gasoline powered vehicles. The E-350 van features a 5.4L