Remove All-Electric Remove Cost Of Remove Stimulus
article thumbnail

Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

Green Car Congress

The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. A 10% credit, up to a maximum of $4,000, for the cost of converting any motor vehicle into a qualified PHEV.

Stimulus 150
article thumbnail

Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

Green Car Congress

Pike Research forecasts that the global market for all electric-drive buses—including hybrid, battery electric, and fuel cell buses—grow steadily over the next. would purchase 500 battery electric buses. would purchase 500 battery electric buses. 6 years, with a compound annual growth rate (CAGR) of 26.4%

2018 276
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Pike Research forecasts 37% CAGR for EV charging equipment, with 2.4 million units sold in 2020; wireless charging to show strong growth

Green Car Congress

In a new report , Pike Research forecasts that global sales of electric vehicle (EV) charging equipment (EVSE) will grow at a steady pace from 2012 to 2020 as the global market for plug-in electric vehicles (PEVs) grows. some revenue over and above the cost of the electricity and equipment usage. used in the near future.

2020 277
article thumbnail

Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

Green Car Congress

Over the next 40 years, the study found, no single powertrain satisfies all key criteria for economics, performance and the environment. Combined with the increasing scarcity and cost of energy resources, it is therefore vital to develop a range of technologies that will ensure the long-term sustainability of mobility in Europe.

Plug-in 244
article thumbnail

Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

In Germany, renewable electricity generation will be 35 percent by 2020, and 50 percent by 2050. Why then do we not have the same clarity of goal for the electricity generating industry here in the USA? Power plant capital costs. The same can be said for the electricity companies that generate power in the USA.

Renewable 220
article thumbnail

IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

Green Car Congress

Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. We are in a good position to transform the global energy system but success will depend on urgent action, as delays will raise the costs of decarbonization.

Renewable 199
article thumbnail

CEC report sets out North American plan for change and investment to achieve sustainable freight transportation

Green Car Congress

The report, Destination Sustainability: Reducing Greenhouse Gas Emissions from Freight Transportation in North America , looks at the continental freight transportation network, a key component of the transportation sector, which is the second-largest source of greenhouse gas (GHG) emissions in North America, after electricity generation.