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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. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO. Click to enlarge. billion through 2019.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

In the top California cities for EV penetration, auto dealers offer 25 to 30 different models. Tesla’s Superchargers can recharge EVs to 80% in 20 to 40 minutes. The growth of ZEVs represents a potential drain on motor vehicle fuel taxes, which could affect state transportation revenue. China leads with over 75 EV models.

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Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

They are usually delivery vehicles working within a neighborhood, and are on the road for 6-8 hour a day and are recharged overnight. In May 2008, the Telegraph newspaper in the UK reported that British drivers paid 57 pence/liter or $2.99/ gallon of diesel in excise tax which doesn’t include the value added tax.

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