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Hyundai-Kia electric-car production to soar to 50,000 next year

Green Car Reports

Korean siblings Hyundai and Kia will aggressively increase production of electric cars next year, according to a report in the Korean press. The production increase comes amid the combined automaker's goal to become the second largest maker of green vehicles (hybrids, plug-in hybrids, and electric cars) by 2020.

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Ontario Announces Rebates of Up to C$10,000 for Plug-in Electric Drive Vehicles

Green Car Congress

Ontario (Canada) Premier Dalton McGuinty announced several measures in support of that goal, including rebates of between C$4,000 and C$10,000 (US$3,575 to US$8,938) for plug-in hybrid and battery electric vehicles purchased after 1 July 2010, based on the vehicle’s battery capacity. Dalton McGuinty.

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Tesla China: Top gov’t meeting confirms NEV purchase tax exemption extension

Teslarati

China’s NEV purchase tax exemption program and the country’s other incentives are among the reasons why China has emerged as the world’s largest electric vehicle market. The incentive applied to purchases involving battery electric cars like Teslas, plug-in hybrids, and fuel-cell vehicles. .

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Feature: Going Green on Car Care, Repair and Insurance

Clean Fleet Report

You may be wondering if electric and hybrid cars are cheap to insure. You’ll be happy to hear that auto insurance companies are competing for green customers by offering discounts. We’ll show you how to minimize your carbon footprint from the vehicle you drive in its care, repairs and maintenance. Green Vehicles.

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UK to invest $841M from 2015-2020 to boost ultra low emission vehicle industry

Green Car Congress

The UK government announced plans to invest £500 million (US$841 million) between 2015 and 2020 to boost the ultra low emission vehicle (ULEV) industry and help drivers both afford and feel confident using electric cars. The production of ultra low emissions vehicles is a major part of growth both now and for the future.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

As a result, BCG concludes, the electric car faces stiff competition from ICEs (internal combustion engines) and, based solely on total cost of ownership (TCO) economics, will not be the preferred option for most consumers. BCG expects pack costs for OEMs will fall to ~$360-440 per kWh by 2020. Source: BCG.

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Ford and Smith Terminate Partnership on Electric Transit Connect Project for US; Ford Now Partnering with Azure Dynamics to Deliver the Vehicle in 2010; Smith Partnering with AM General on Electric Vans for USPS

Green Car Congress

Ford Motor Company and Smith Electric Vehicles US (SEV US) have mutually agreed to terminate the development project of an electric car-derived van based on Transit Connect. It was concerned that the market for electric car-derived vans would become increasingly competitive. Plug-In hybrid vehicle in 2012.