article thumbnail

ICCT assesses factors driving EV market in US cities

Green Car Congress

Consumers in California markets and Salt Lake City were offered both consumer purchase incentives and carpool lane access, and those in Denver and Seattle had substantial purchase incentives. Ten of the top 12 major metropolitan areas with the highest electric vehicle uptake offered consumer incentives typically worth $2,000 to $5,000.

Market 186
article thumbnail

Ford CEO: Ford to focus on 5 key areas of innovation: mobility, autonomy, connectivity, customer experience and performance

Green Car Congress

In a pre-Christmas media event, Ford president and CEO Mark Fields said while 2014 was a good year for the company, 2015 has the potential to be a “ breakthrough year ”. In the United States, more than 65% of ST customers come from outside the Ford brand, and more than 50% of Ford performance vehicle owners’ next vehicle purchase is a Ford.

Ford 268
article thumbnail

Lithium Technology Corporation enters strategic alliance and investment agreement with FN Group for large format Li-ion packs for automotive applications

Green Car Congress

As part of the strategic alliance, the FN Group has agreed to provide $10 million of fresh capital to LTC, $5 million in the form of a purchase of LTC’s common equity (including the $2 million purchased on 25 October 2010) and $5 million in the form of a committed convertible loan facility.