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UMTRI Agent-Based Simulation Study Concludes US PHEV Annual Sales Could Reach 4-5% With Fleet Penetration of 2+% by 2020 If Subsidies Are in Place

Green Car Congress

The first character of the scenario represents the price of gasoline at simulation termination, the second represents “yes” or “no” on a manufacturer subsidy, and the third represents “yes” or “no”on a sales tax exemption. By 2020, sales could reach around 4% – 5% with fleet penetration a little more than 2%.

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Governor George Pataki Calls for 40% Penetration of Electric Drive Vehicles in US by End of Decade

Green Car Congress

Incentivize auto manufacturers, for example, by exempting the profits resulting from the sale of the first 10 million vehicles that deliver more than 75 mpg from any corporate taxes. ” Pataki suggested converting the tax credit to a rebate, for three years or for five. Gasoline is too cheap. Consumers and Charging.

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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

In two other scenarios considered, a high oil price scenario (using EIA projections) and a battery swap operator-subsidzied scenario, EV new vehicle sales penetration reaches 85% and 86% respectively by 2030. The high rate of adoption is driven by the low purchase price and operating costs of electric cars with switchable batteries.

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Valero to Permanently Close 210,000 bpd Delaware City Refinery

Green Car Congress

The Valero Delaware City Refinery , acquired in the purchase of Premcor in 2005, was commissioned in 1956 with a throughput capacity of 140,000 barrels per day (bpd). In the fourth quarter of 2009, the company expects to report a pre-tax charge of approximately $1.7 Tags: Brief. Valero Delaware City Refinery. Click to enlarge.

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Tesla To Offer Auto Leases

Revenge of the Electric Car

In the past, the Roadsters were only available for an outright purchase. “This will help us with the customers who have some trepidation about changing the paradigm from gasoline to electric,&# said Elon Musk, Tesla’s chairman and chief executive. outright purchase. making a big commitment of a purchase.&#.

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Canadian Study Concludes Rebates to Hybrid Buyers Not Cost-Effective for Reducing Carbon Emissions

Green Car Congress

So for the majority, rebates are not changing behavior—they are subsidizing planned purchases. gallon) of gasoline that a vehicle consumes over its 15 year average life expectancy. Researchers used Canadian vehicle sales data over a 17-year period from 1989 to 2006. An Analysis of Tax Rebates for Hybrid Vehicles.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

In 1975, General Ernesto Geisel, then-president of Brazil, ordered the country’s gasoline supply mixed with 10% ethanol. The level was raised to 25% over the next five years, which was intended to maintain a constant Brazilian gasoline supply for an ever-increasing demand.