Remove DC Remove Forecast Remove Neighborhood Remove Purchase
article thumbnail

Pike forecasts NEV market to remain small, although with double the growth rate of light-duty vehicles to 2017

Green Car Congress

The total number of neighborhood electric vehicles (NEVs)—low-speed street-legal electric vehicles—on the world’s roadways will grow from 479,000 in 2011 to 695,000 by 2017, a 45% increase, according to a new forecast by Pike Research. The US currently offers federal tax incentives of 10% of the purchase price up to $2,500.

2017 230
article thumbnail

An inside look at how utilities view EVs: expanding electricity sales without adding new customers

Charged EVs

Once you remove that concern, we forecast seeing an influx in vehicles. And I’m happy to share that that forecast has held true. If someone only spends $100 with me yearly to charge their vehicle at one of my high-speed chargers, I’m still probably going to see in the neighborhood of an additional $400 or $500 in home charging.

Sale 81
article thumbnail

Solving the Electric Vehicle Charging Conundrum

Cars That Think

And so that's what we call "DC fast charging." It might be in your neighborhood, but it's something that you will find along interstates or major travel routes. New DC fast-charging stations are being built at a fairly fast clip. There are tens of thousands of them split between level to the slower charging and DC fast charging.

article thumbnail

Solving the Electric Vehicle Charging Conundrum

Cars That Think

And so that's what we call "DC fast charging." It might be in your neighborhood, but it's something that you will find along interstates or major travel routes. New DC fast-charging stations are being built at a fairly fast clip. There are tens of thousands of them split between level to the slower charging and DC fast charging.