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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge. billion through 2019.

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This is How the COVID-19 Pandemic Affect The Global EV Market

Get Electric Vehicle

One of the key drivers driving the market’s growth is favorable government policies and funding in the form of incentives and grants, tax rebates, and other non-financial advantages such as carpool lane access. It is expected that, with continuing innovations in the car industry, the electric vehicle market has seen steady growth.

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Why EVs Aren't a Climate Change Panacea

Cars That Think

Just accounting for miles driven , however, BEVs cars and trucks appear cleaner than ICE equivalents nearly everywhere in the U.S. A Pew Research Center survey taken in late 2021 of seventeen countries with advanced economies indicated that 80 percent of those surveyed were willing to alter how then live and work to combat climate change.

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Washington governor proposes slate of measures to curb GHG emissions & transition state to cleaner energy; cap-and-trade and EV incentives

Green Car Congress

Washington Governor Jay Inslee announced a set of proposals to transition Washington to cleaner sources of energy and to meet greenhouse gas (GHG) emission limits adopted by the state Legislature in 2008. Cleaner transportation options for consumers. Cap-and-trade. 12 M, capital budget). M, operating budget). M, operating budget).

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

Green Car Congress

If we can again succeed like that, in a decade, we’ll look back and know that we got a great deal: safer, healthier, better lives, an economy no longer held hostage to petro-dictatorships and blindered, monopolistic companies, and a significant response to climate change. Right now, buyers of new plug-in cars get up to $7,500 in tax credits.

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What EPA vehicle standards are and what they mean for you

Plug in America

The target amount of average tailpipe emissions gets a bit lower each year, resulting in progressively cleaner cars. Over the next several years, these standards will continue to trend toward cleaner cars. Not everyone will need to buy an EV– even by 2032. The batch of rules that were just finalized won’t kick in until 2027.

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USPS announces plans to order 5,000 EVs & achieve 70% fleet electrification

Teslarati

The Postmaster tried to elaborate on the USPS’ financial challenges of committing to operating a cleaner Postal vehicle fleet. . We will be resolute in making decisions that are grounded in our financial situation and what we can realistically achieve while pushing hard to take delivery of safer, cleaner vehicles by next year.

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