Biden plan would broaden EV tax credit, include Cash for Clunkers reboot

Green Car Reports

Joe Biden announced a broad environmental plan Tuesday that includes provisions to broaden the federal electric-car tax credit and revive the "Cash for Clunkers" program.

Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. After the “clunker” was traded in, its engine was destroyed. 677,842 clunkers were traded in between 1 July 2009 and 24 August 2009 as part of the program, which issued $2.85 billion in vouchers; NHTSA concluded that the new vehicles purchased under the program averaged 24.9

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

For the past few years, EVs became an increasingly popular choice amongst drivers. As a McKinsey report points out, early adopters sparked 60% growth year-on-year for the past decade. last month, but battery electric vehicle sales decreased by only 58.1%.

US VP Biden outlines 3-part plan to have 1M advanced technology vehicles on US roads by 2015

Green Car Congress

In his State of the Union address last night, President Obama highlighted his goal of making the United States the first country in the world to put one million advanced technology vehicles on the road by 2015. factory today, Vice President Biden outlined the Administration’s new plan for reaching that goal. Building on Recovery Act investments, the President’s Budget proposes enhanced R&D investments in electric drive, batteries, and energy storage technologies.

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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. by Judith Burns for Dow Jones. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. UPDATE:Group Seeks US Tax Credits To Spur Electric Car Use.

Volt 100

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

Green Car Congress

Calling the recent weeks “ one of the most emotionally difficult times for me as I’ve seen people with far more clout than I fail to make headway in changing the lackluster, dispiriting and immensely frustrating responses to the Gulf catastrophe ,” CalCars founder Felix Kramer has written a pre-response to President Obama’s scheduled Tuesday night speech to the US about the catastrophe in the Gulf of Mexico.]. Realists” say that’s impossible for decades. We can upgrade vehicles too.

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