article thumbnail

Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

Currently, hybrid cars in India that use a petrol engine and an electric motor combined with an electric battery pack are slapped with as high as a 43 per cent tax, while pure petrol cars see a 48 per cent tax. The Japanese automaker has been claiming that hybrid cars reduce carbon emissions compared to petrol ones.

Tax 95
article thumbnail

Will green cars put industry on road to profit?

Green Cars News

Here in the UK we’re so downtrodden by extortionate petrol prices that the prospect of driving fuel efficient green cars carries obvious appeal. Yet when gas prices tumbled later that year, plans for the Prius plant were shelved. Does something need to be done to push petrol prices up? Leave a comment with your thoughts.

article thumbnail

Tesla CEO: Gas prices should be $10 a gallon

Green Cars News

Describing himself as anti-tax but pro-carbon tax, Tesla Motors founder Elon Musk risked the backlash of US motorists by declaring that petrol should probably cost $10 a gallon. With the US auto industry in disarray, Tesla’s focus on premium green cars has emerged as a bright spark.

Price 39
article thumbnail

Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

Nevertheless, that doesn’t mean that the success of the scheme should be ignored in that it has offered an incentive to buyers at a time when rocketing petrol prices are still very much on their mind.

article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Our PRIUS+ Project Photos PHEV Resources Global Warming Take Action News and Events Contact Us How Carmakers are Responding to the Plug-In Hybrid Opportunity If you ask, "have major auto-makers come around on PHEVs?", 2010 Prius designed to be manufactured with NiMH or Lithium batteries. todays answer is "Yes -- but not yet."

Plug-in 45
article thumbnail

GM Says Chevrolet Volt Won't 'Pay the Rent' | Autopia from Wired.com

Tony Karrer Delicious EVdriven

"It is unreasonable to expect the Volt and any similar new technology to be immediately profitable when other technologies that started with a price premium, such as the Toyota Prius, became wild successes," said Chelsea Sexton, an advisory board member of Plug-In America. " The feds arent convinced. GM doesnt have a chance.

Volt 41