article thumbnail

Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

Green Car Congress

Buoyed by the US government’s CARS (“Cash for Clunkers”) program, US auto sales slowed their decline in the US in July, dropping on 12.1% Some highlights: The all-new redesigned Prius mid-size gas-electric hybrid posted best-ever July sales of 19,173 units, up 29.7% Monthly new vehicle market share for hybrids.

article thumbnail

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

For $100 million in one year, we’ll demonstrate how to rapidly reduce use of oil in transportation with safe, warrantied retrofits of tens of millions gas-guzzlers. We now have a sprinkling of promising companies working to get funded to convert gas-guzzlers. Well, America’s auto industry delivered over 100,000.

Oil 252
article thumbnail

Cash for Volts?

Revenge of the Electric Car

A coalition of car makers, battery suppliers and electricity providers has come together to ask for federal help for EVs. More details at: Group Seeks US Tax Credits To Spur Electric Car Use. “A coalition of auto makers, battery manufacturers, utility operators and shipping companies wants the U.S. By Judith Burns.

Volt 100
article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

It’s clear electric cars were on the rise up until the outbreak, but how is the current situation with full-scale lockdowns around the world affecting this trend now? However, despite all the concerns about the future of electric cars, EVs have shown significant resilience in the past few months, even in the face of the pandemic.

Economy 52