Remove Electric Vehicles Remove Gasoline Remove PHEV Remove Tax
article thumbnail

CMU study finds small battery PHEVs and gasoline hybrids the least-cost policy solution to reducing gasoline consumption

Green Car Congress

The federal subsidy significantly favors larger battery packs to a stronger degree than their potential for additional gasoline savings. A 2011 paper by Michalek and colleagues found that strategies to promote adoption of HEVs and PHEVs with small battery packs offer more social benefits (i.e., Peterson and Michalek 2012.

Gasoline 308
article thumbnail

How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. Under the current version of the Section 30D Clean Vehicle Credit (CVC), there are specific criteria that both the vehicle and taxpayer must meet. It does not act as a rebate (until 2024).

article thumbnail

Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

article thumbnail

Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

article thumbnail

Hybrid vs PHEV vs EV | Types of EVs Explained

Setec Powerr

It doesn’t hurt to know some of the terminology used in electric vehicles. For example, what is a hybrid vehicle, PHEV, or EV, and what are the differences between them and their advantages and disadvantages? Hybrid Vehicles. PHEV – Plug-in Hybrid Electric Vehicles.

PHEV 98
article thumbnail

Road Test: 2023 Toyota RAV4 Prime XSE AWD PHEV

Clean Fleet Report

Be careful listening to self-anointed experts that owning a plug-in hybrid electric vehicle (PHEV) is not a wise choice or viable option when buying a new car. Those truly in the know have real world knowledge of why a PHEV is the perfect bridge between a gasoline-powered car and one propelled by only electricity.

PHEV 68
article thumbnail

Argonne releases new cradle-to-grave lifecycle analysis of US LDV vehicle-fuel pathways

Green Car Congress

The 2022 report accounts for a broader range of vehicle technologies and considers both current (2020) and expected future (2030-2035) conditions. This C2G GHG assessment includes both fuel and vehicle production life cycles. Cost assessments represent a final cost/price to the consumer, excluding taxes on the final product (e.g.,

Fuel 417