Remove Electrical Remove Purchase Remove Stimulus Remove Tax
article thumbnail

Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. billion in vouchers; NHTSA concluded that the new vehicles purchased under the program averaged 24.9 Cost per job created. Click to enlarge.

article thumbnail

Help Plug In America renew the EV infrastructure tax credit

Plugs and Cars

From Plug In America: Last year, Plug In America, along with electric vehicle and EV infrastructure manufacturers from coast to coast, worked with members of the House and Senate to get a critical plug-in vehicle infrastructure tax credit into the stimulus bill. And then you helped us get it passed!

article thumbnail

This is How the COVID-19 Pandemic Affect The Global EV Market

Get Electric Vehicle

The main reasons for global automotive sales drop are, The purchasing power of consumers decreased. COVID-19 & Global Electric Vehicle Market. It is expected that, with continuing innovations in the car industry, the electric vehicle market has seen steady growth. The Growing Demand for EVs.

Market 52
article thumbnail

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. He also believes that sub-1.6L

article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Is tax equity dead? Cap and Trade Disappointment.

Financing 150
article thumbnail

NYC Goes EV

Revenge of the Electric Car

This Tesla is one of a number of electric cars coming on the market. Will Electric Cars Give New York a Charge? The number of electric cars bought, according to the study, “may be significantly less if these assumptions do not materialize.&# ‘ Here is the text of the entire article, in case the link goes bad: [link].

article thumbnail

Tesla stock: Morgan Stanley pumps the brakes and lowers PT ahead of earnings

Teslarati

especially, Tesla is adjusting the narratives that surround some of its vehicles and their eligibility for EV tax credits. Two Model 3 configurations lost the tax credit, and as it is one of the best-selling EVs in Tesla’s lineup, it is not a positive, although the car is still affordable. ” This includes Tesla.