CT legislature passes highway usage tax on heavy trucks

Green Car Congress

The Connecticut General Assembly has passed HB 6688 , a bill that imposes a highway use tax (HUT) on every carrier for operating, or causing to be operated, certain heavy, multi-unit motor vehicles (Class 8-13) on any highway (i.e., The HUT is calculated based on a vehicle’s weight and the number of miles driven in the state. Revenue from the tax is directed to the Special Transportation Fund (STF).

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Proposed Changes to Federal EV Tax Credit – Part 5: Making the Credit Refundable

EV Adoption

One of the biggest complaints about the federal electric vehicle (EV) tax credit (IRC 30D) is that its structure of using a non-refundable tax credit is clearly more beneficial to higher-income households. How the Current Tax Credit Works For EV Buyers.

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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The recommendation is part of the final report issued by the National Surface Transportation Infrastructure Financing Commission, “ Paying Our Way: A New Framework for Transportation Finance ”.

Fisker Ocean electric SUV starts at $37,499, pre-tax credit; leases for $379/mo

Green Car Congress

After the US federal tax credit is applied, the cost of the Fisker Ocean drops to a starting price of US$29,999 (US). Fisker will also offer a “$0 drive off” option through a fully financed $2,999 down payment for credit-approved customers.

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Study finds that linking increased transportation tax to environmental or other specific benefits increases Americans support for higher transportation taxes

Green Car Congress

A national phone survey by the Mineta Transportation Institute (MTI) found that a majority of Americans would support higher taxes for. The survey results show that very low support levels for a one-time gas-tax increase or a new mileage tax can be raised by modifying how the tax is structured and the way it is described. Linking a transportation tax to environmental benefits can strongly increase support. per mile and a $0.10

2011 185

Mn/DOT assessing potential for mileage-based user fee to replace fuel tax; Battelle conducting technology assessment

Green Car Congress

The Minnesota Department of Transportation (Mn/DOT) will recruit 500 people from Wright and Hennepin counties to take part in research to test technology that could someday be used to collect a mileage-based user fee (MBUF) in lieu of a gasoline tax. Minnesota’s highway revenues are derived from three sources: the gas tax, vehicle registration fee or tabs and the motor vehicle sales tax.

2011 221

Electrification Coalition Roadmap Calls for 75% of Light-Duty Vehicle Miles Traveled in the US to Be Electric by 2040

Green Car Congress

By 2040, the report proposes, 75% of the light-duty vehicle miles traveled in the US should be electric miles. order to reach the goal of 75 percent electric miles by 2040, the US light-duty vehicle market will need to have reached a tipping point by 2020. Modify plug-in electric drive vehicle tax credits by significantly increasing them for vehicles purchased and registered in Phase One ecosystems. Extend consumer tax credits for home charging equipment.

2009 200

Ford introduces F-150 Lightning Pro electric pickup targeted at commercial customers

Green Car Congress

The Pro joins E-Transit in the lineup of Ford work-ready electric vehicles, backed by a nationwide network offering EV-certified fleet sales, service and financing.

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How does leasing an electric car work?

Drive Electric

When you lease a car, a finance company effectively buys it from the manufacturer and leases it to you for the duration of your contract. It’s a great way to drive a brand new car without having to finance the entire cost. Leasing an electric car.

Ford Mustang Mach-E customers to receive 250 kWh of complimentary charging at Electrify America stations

Green Car Congress

Using Electrify America’s DC fast chargers, rear-wheel-drive-equipped Mustang Mach-E with an extended-range battery can add an estimated 61 miles of range in approximately 10 minutes.

2020 222

Octopus launches ‘Electric Dreams’ – An EV leasing company unlocking salary sacrifice for businesses

Drive EV

Drivers already signed up are saving an average of £14,445 over three years, by sacrificing some pre-tax salary in return for a brand new electric car. Partners including Close Brothers and Lloyd Latchford will provide Octopus with financing and insurance services respectively.

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A Brief Look at Today's Plug-in Hybrid and Electric Vehicles and the Companies That Are Revolutionizing an Old Industry - Yahoo! Finance

Tony Karrer Delicious EVdriven

News & Opinion Markets Investing Ideas Expert Advice Special Editions Company Finances Providers Personal Finance Banking & Budgeting Career & Work College & Education Family & Home Insurance Loans Real Estate Retirement Taxes My Portfolios New Portfolio MarketTracker Tech Ticker (new) Search for share prices Get Quotes Finance Search Tue, Apr 21, 2009, 10:17AM ET - U.S. www.geinterestplus.com Finance Discover free information about finance.

2009 28

Ford reveals specs for F-150 Lightning Pro: Price, Range, and Features

Teslarati

The starting MSRP for the Lightning Pro is $39,974 before tax incentives, and it features a standard battery pack and a dual-motor power 4×4 equivalent to 426 horsepower. Ford is aiming to get an EPA-estimated range of 230 miles for the F-150 Lightning Pro.

F-150 70

Tarform Luna Cafe Racer electric motorcycle unveiled  

Electric Vehicles India

It provides a maximum range of about 120 miles approximately 193 km, depending on the riding mode the rider has been selected. The bikes are available for the federal income tax credit with 10% of the purchase price. Tarform Luna Cafe Racer electric motorcycle unveiled .

Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

Green Car Congress

US policymakers need to begin taking steps to change policies that fund the country’s transportation infrastructure, such as redefining the roles of federal and state governments and promoting research and demonstrations of VMT (vehicle miles traveled) and congestion fees, according to a new report published by the Belfer Center at Harvard Kennedy School. The US has up to now adhered to the user-fee principle in financing transportation infrastructure—i.e.,

2010 179

Rivian introduces two quad-motor, AWD “Electric Adventure Vehicles”

Green Car Congress

The Rivian vehicles feature up to 400+ miles in electric range, a wading depth of 1 meter, lockable storage bins that can fit the bulkiest of gear, and the performance and precise control of quad-motor AWD. This enables approximately 200 miles of range to be added in 30 minutes of charging. R1T pricing starts at $61,500 after Federal Tax credit. R1S pricing starts at $65,000 after Federal Tax credit.

2018 248

Ford and SunPower to offer home rooftop solar system to offset charging of Focus Electric

Green Car Congress

The system was sized to accommodate a customer who drives about 1,000 miles per month. The complete SunPower solar system is offered at a base price of less than $10,000, after federal tax credits. Affordable financing options for the solar system are available through SunPower. This price point does not include local sales tax. Ford and SunPower Corp.

2011 170

Fisker Lands Additional $85M for Karma Plug-in

Green Car Congress

The financing is expected to be completed this month and will be the fourth and largest investment round since the company’s inception in August 2007. The 2010 Karma, planned to retail for $87,900 before tax credits, is designed to travel approximately 50 miles emission-free, powered by a Lithium-ion battery that can be charged in a few hours from any 110- or 240-volt household outlet. After 50 miles, a 2.0 Fisker Automotive, Inc.

2009 150

ARTBA says new 54.5 mpg fuel efficiency standard would result in $65+ billion in lost revenue for highway and transit projects

Green Car Congress

miles per gallon equivalent (mpge) between 2017 and 2025 ( earlier post ) would result in the loss of more than $65 billion in federal funding for state and local highway, bridge and transit improvements, according to an analysis by the American Road & Transportation Builders Association (ARTBA). Per gallon federal gasoline and diesel taxes collected at the pump are deposited into the federal Highway Trust Fund (HTF).

2011 184

Volkswagen of America to invest $10M in EV charging infrastructure by 2016; calls for more legislative support to spur EV adoption

Green Car Congress

In January, Volkswagen of America and BMW of North America, together with ChargePoint, announced an initiative to create more express charging corridors along heavily-traveled routes on the East and West Coasts; specifically to install nearly 100 DC Fast Chargers across both coasts aiming to have charging sites no more than 50 miles apart. Examples in this category include protecting and expanding existing tax credits in the Energy Independence and Security Act.

2015 235

FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

EV Adoption

” – March 7, Business Insider via Yahoo Finance. Customers can choose to top up with between 50 miles and 100 miles of charge using the Roadie, which is the lynchpin in a broader charging network that SparkCharge’s founder, Joshua Aviv, envisions.

CODA Launches Direct to Consumer Sales of CODA EV

Green Car Congress

The all-electric CODA Sedan is capable of up to 120 miles of all-season range based on US06 (aggressive driving/high speed test) and LA4/UDDS (city driving) EPA tests. MSRP is $44,900, with federal tax savings from 0-$7,500. Excludes tax, title and license. After tax savings, the net price is as low as $37,400. CODA is finalizing the details of a program that is expected to offer consumers competitive leasing and financing options.

2010 179

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

Green Car Congress

Based on 12,330 miles driven per year, the pure battery electric Nissan Leaf has lower five-year and 10-year life cycle costs than the internal combustion Hyundai Elantra and the plug-in hybrid Chevrolet Volt, even without the federal government incentive. The average Californian drives 14,435 miles every year. Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles.

2018 183

Price Parity is Not the Key to EV Adoption in the US

EV Adoption

According to a price survey conducted by BloombergNEF , automakers soon will be producing models that are “as affordable—and as profitable—as comparable combustion engine models, and without the help of tax subsidies.” Source: Bloomberg New Energy Finance.

Synbio company Intrexon and Dominion partner to commercialize bioconversion of natural gas to isobutanol in Marcellus and Utica Basins

Green Car Congress

Within this geographic region, the collaboration plans to build natural gas bioconversion facilities leading to the creation of job opportunities and generation of local and state tax revenue. These positive attributes are driving investment in butanol plants which may reach $6 billion by 2020 according to Bloomberg New Energy Finance.

2015 199

Cash for Volts?

Revenge of the Electric Car

More details at: Group Seeks US Tax Credits To Spur Electric Car Use. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. UPDATE:Group Seeks US Tax Credits To Spur Electric Car Use. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018.

Volt 100

What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

GM Stock Chart: Yahoo Finance. As such, I think without significant price discounts (all of the other EVs also have access to the Federal tax credit except the Tesla), the two Bolt models will never see sales in the US above around 35,000 per year (if that even).

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Mercedes-Benz will offer electric drive on all commercial van lines; electric eVito now available to order, eSprinter in 2019

Green Car Congress

kWh, the range of the new eVito will be around 150 km (93 miles). Even in unfavorable conditions such as low outside temperatures and with a full load, it will have a range of 100 km (62 miles). The use of connectivity solutions specific to electric vehicles as well as financing and mobility concepts will also be addressed at the early planning stages. The higher purchase price is offset by lower energy and maintenance costs as well as tax savings.

2017 163

China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

Specified performance targets for 2015 for battery-electric and plug-in hybrid electric passenger vehicles include: Maximum speed of not less than 100 km/h (62 mph); All-electric driving range of not less than 150 km (93 miles) and 50 km (31 miles), respectively; Battery power/kg target of 150W/kg, at a cost of 2 yuan/Wh ($0.31/Wh), with a cycle life of 2,000 or more than 10 years;and.

2012 272

UC Berkeley Study Concludes Battery Switching Model Would Accelerate Mass-Market Adoption of Electric Cars; Baseline Scenario Projects EVs Reaching 64% of New LDV Sales in 2030

Green Car Congress

A new study from the University of California, Berkeley, Center for Entrepreneurship & Technology projects that, given a battery switching model and pay-per-mile contracts such as proposed by Better Place ( earlier post ), electric cars would account, in the baseline scenario, for 64% of US light-duty vehicle sales by 2030 and comprise 24% of the US light-duty fleet by then. candidate in economics with a specialization in international finance and environmental economics.

2009 150

Google Ogles Plug Ins

Plug In Partners

It will also pay taxes. The philanthropy is consulting with hybrid-engine scientists and automakers, and has arranged for the purchase of a small fleet of cars with plans to convert the engines so that their gas mileage exceeds 100 miles per gallon. H ere is a big development for PHEVs. Philanthropy Google’s Way: Not the Usual By KATIE HAFNER New York Times Published: September 14, 2006 SAN FRANCISCO, Sept.

2006 100

Garage Lessons: Charging in The Real World

Plugs and Cars

For the past decade I''ve been driving the 91 miles to Sacramento without stopping to charge in a 2002 RAV4 EV. In Norway tax policy has resulted in the the world''s quickest uptake of EVs. Clever financing, electric public transport, and "interoperability" are important issues and a lot is gained from cross-national conversations.

2013 109

Easy as A123

Plug In Partners

This module contains their current production battery cells and delivers enough usable energy for the vehicle to travel the equivalent of 40 miles on electricity, achieving as much as 150 MPG in urban driving and 100 MPG in highway driving. Since the average commuter travels under 30 miles per day, off peak nightly charging of this module both improves a utility's load factor and efficiencies while reducing total gasoline consumption and emissions dramatically.

2007 100

Solar Powered Greenius Producing Massive South Bay Energy

Creative Greenius

We’ve now got some Mo going with: California solar loan financing that will eliminate the big up front cost of solar. SOLAR FINANCING – WHO GETS IT AND WHO DOESN’T. Just as a reminder, the way AB 811 works is that it allows property owners to receive a 20 year no paperwork/no credit check loan to finance their installation of solar PV electric system or other energy efficiency improvements. The car is no longer limited to 34 miles per hour, all-electric.

2009 163

MIT Report Outlines System-Oriented Coordinated Polices for Reduction in Light-Duty Vehicle Petroleum Use and Emissions

Green Car Congress

We emphasize that this policy portfolio is not a substitute for an economy-wide carbon management policy (such as a carbon tax or cap-and-trade system). The report recommends that the fee or rebate amount vary by $120 for each 1 gal/1,000 mile change in fuel consumption, which would lead to more than 95% of current vehicles incurring between a $2,000 rebate and a $2,000 fee. Taxes on motor vehicle fuels should be increased by $0.10

2010 179

Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

ton 100 miles+ range van and the Newton is 7.5-12 ton truck with 100 mile range used by local delivery services and courier services. After four years they’ll be cost neutral; these guys understand the cost of their fleets down to the pence per mile. ”. 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. Finances. by Bill Cooke.

2009 150

Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

The bill provides assistance to those Americans who may be disproportionately affected by potential increases in energy prices through tax cuts and an energy refund program. Significant tax incentives encourage the conversion of trucks and heavy-duty fleets to natural gas vehicles. Now mindful of the Deepwater Horizon accident in the Gulf, the bill allows coastal states to opt-out of drilling up to 75 miles from their shores. Senators John Kerry (D-Mass.),

2010 185

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

Possibilities include dramatic reductions in the cost of EV batteries that lead to more cost- competitive vehicles, greater state or federal incentives, or increasing taxes on fossil fuels. The finances of e-motorcycle companies are also more stable thanks to the recent focus on the fleet market, which provides a reliable base to pursue new market strategies and new customers in 2014.

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Greenius Goes All AB 811 Over Green Task Force

Creative Greenius

Creative Greenius talks AB 811 Financing to the Green Task Force / photo (c) Debra Bushweit Galliani. So I’m happy to report to you that Jacki Bacharach announced that funding has been secured for NEVs – Neighborhood Electric Vehicles (restricted to 25 miles an hour) that will be used in locations like the Riviera Village in Redondo Beach to test their efficiency and practically as we move away from greenhouse gas emitting vehicles and the carbon economy.

2009 163

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Thehydrogen-powered car has a top speed of 105 miles per hour andtravels as far as 280 miles on electricity produced by its fuelcell stack.

2009 44

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Over time, we can conserve by reducing the miles we drive. That means we’ll be powering some miles with increasingly renewable electricity that isn't made from imported oil. Retrofitters can partner with energy service companies to finance those costs, backed by federal loan guarantees. Payback will come because an electric mile is up to five times cheaper than a petroleum mile. Right now, buyers of new plug-in cars get up to $7,500 in tax credits.

2010 214

The Curious Case of the Torrance Enivornmental Commission

Creative Greenius

I introduced myself to Linda Cessna, the lead staff member, and someone I’ve been corresponding with since last year about the City’s participation in the the new solar financing program, AB 811. We were watching Tracy’s PowerPoint in a room within one mile of the Marsh, but its a good thing she had photos because it seemed obvious that the majority of the commissioners had never been there in person.

2009 150

Toyota Prius is top choice with renewable energy firm

Green Cars News

As our drivers become more energy-conscious, we want to persuade more and more of them to go with Prius, because this approach supports our own range of renewable-energy products,” says David Hemington, Hoval’s Finance Director. The cars average 25,000 miles a year, on three- or four-year contract-hire agreements.

2009 47