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

Teslarati

Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. The NEV purchase tax exemption, which was launched in 2014, allowed most consumers who purchase green vehicles to save about RMB 10,000 (around $1,500).

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Lease A Green Vehicle, Get Rebate Yourself--In CO, Anyway

Green Car Reports

A bill signed in Colorado will now allow lessees to claim any tax credits for hybrid cars and electric vehicles, rather than the lessor. Previously, the state had allowed banks or finance companies to choose whether claim the credits themselves on lease vehicles, or to pass the credits on to the lessee.

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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

Power forecast of hybrid-, plug-in hybrid- and battery-electric vehicle global sales through 2020. Power and Associates estimates combined global sales of hybrid-electric vehicles (HEVs), plug-in hybrid-electric vehicles (PHEVs) and battery-electric vehicles (BEVs) will total 5.2

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OECD paper presents and analyzes policies and programs to foster market growth of green cars

Green Car Congress

Given the specific barriers, suggests author Andrea Beltramello, there is a role for government to support the development and diffusion of green vehicles, including through policies to strengthen the markets for green cars. —“Market Development for Green Cars”. Today, the OECD has 34 member countries.).

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Two case studies outline how Houston and Loveland are saving money with EVs in their fleets

Green Car Congress

The Electrification Coalition released two case studies outlining how two cities— Houston, Texas and Loveland, Colorado —are saving money by using electric vehicles (EVs) in their vehicle fleets. found that the city’s LEAFs will cost 41% less to own and operate than gasoline-powered vehicles. Earlier post.).

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Deloitte study concludes mass adoption of EVs in Europe is some distance away

Green Car Congress

A new study by Deloitte, the business advisory firm, concludes that despite rising fuel prices, the mass adoption of electric vehicles (EVs) in Europe is still some distance away. There is no doubt that electric vehicles are the future of the automotive industry. —David Raistrick.

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J.D. Power sees hybrid and EV share below 10% of US market through 2016 despite rising fuel prices

Green Car Congress

With a rapid increase in the number of alternative powertrain vehicle models projected for the next several years, automakers will be fighting over the relatively few consumers who are willing to pay to “drive green”, according to the report. Plug-in hybrid electric vehicles: 37%. Diesel engine vehicles: 31%.

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