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Tesla introduces financing product for Model S customers; lease-sale hybrid

Green Car Congress

Essentially, said Tesla CEO Elon Musk in a conference call describing the product, the new approach allows one to buy a new Model S for no money down net of the tax credit and as low as about $500 net out of pocket cost per month, depending upon the model, specific state incentives, and personal parameters (e.g.,

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Governor George Pataki Calls for 40% Penetration of Electric Drive Vehicles in US by End of Decade

Green Car Congress

In a talk at the opening plenary of the Electric Drive Transportation Association (EDTA) conference in Washington, DC, former New York Governor George Pataki called for a 40% market penetration of electric drive vehicles in the US by the end of the decade. ” Tags: Batteries Electric (Battery) Policy.

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Ford begins roll-out of Focus Electric; electrifying the platform efficiently

Green Car Congress

The Ford Focus Electric. Ford has begun the consumer roll-out of the Focus Electric, the battery-electric version of its new Focus; production of the vehicles began in December 2011 at Ford’s Michigan Assembly Plant. The Focus Electric shares 78% of its parts with the conventional Focus, he noted, and comes off the same line.

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Partner Update and Announcement

Plug In Partners

C oming this fall, mark you calendars for the Austin Energy Alt Car Expo and Conference. Although consumer tax credits for PHEVs enjoyed bipartisan support in both houses of Congress, concerns over other tax portions of the energy bill resulted in the entire tax package being removed from the original bill.

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Software Upgrade to Prius PHEV NiMH Conversion Kit Enables All-Electric Driving At Up to 70mph

Green Car Congress

kWh NiMH plug-in hybrid (PHEV) conversion kit that enables all-electric mode driving at speeds of up to 70 miles per hour (until the battery pack is depleted) in a converted Prius. What we’re essentially offering is all-electric performance for about 25 miles at highway speeds. Poway, California-based Plug In Conversions Corp.

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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

The highly decentralized nature of the current automative sales franchise model, in which contractual arrangements and franchise laws confer a great degree of operating freedom to new car dealers, translates into divergent processes across the dealer community. —Cahill et al. Other incentive-related uncertainties abound.

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Hatch Hopes to Drive Plug-In

Plug In Partners

Hatch (R-Utah) extolled the virtues of plug-in hybrid technology, which promises electric-gas cars powered via standard wall sockets, in a speech to the National Press Club today. The group recognized Hatch for his CLEAR ACT (Clean Efficient Automobiles Resulting from Advanced Car Technologies), which Congress passed last summer.

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