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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. For example, an average plug-in hybrid vehicle with a battery capacity of 16 kWh would be eligible for the maximum tax credit of $7,500. Source: CBO. Click to enlarge.

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Volvo XC40 Recharge and Polestar 2: EV cousins offer different takes on “premium”

Charged EVs

It’s called the XC40 Recharge, and the earliest versions aren’t cheap, priced from about $55,000 including delivery. Volvo XC40 Recharge Volvo XC40 Recharge Volvo XC40 Recharge Volvo XC40 Recharge Volvo XC40 Recharge Volvo XC40 Recharge Volvo XC40 Recharge. Volvo’s first EV.

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2016 Audi A3 Sportback e-tron PHEV starting at $37,900 in US

Green Car Congress

Purchasing customers may qualify for applicable state and federal incentives and tax credits. Audi expects the PHEV to qualify for a federal tax credit of $4,168. Prices above exclude destination charges ($925), taxes, title, optional equipment, and dealer charges.

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Mercedes-Benz B-Class Electric Drive priced at $41,450 for US; 85-mile range

Green Car Congress

Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits. Maximum torque is 251 lb-ft (340 N·m)—approximately equivalent to the torque from a modern three-liter gasoline engine. 50-state availability will be announced in 2015.

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Road Test: 2023 Toyota RAV4 Prime XSE AWD PHEV

Clean Fleet Report

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. Here is the truth: when owning a 2023 Toyota RAV4 Prime XSE AWD PHEV, you will never buy gasoline for probably 90% of your regular driving. The overall average was 46.7

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Nissan Leaf – Taking Reservations

Revenge of the Electric Car

After a federal tax credit and state rebate, the price of these cars will come out at around a cool 20k. The Leaf’s suggested retail price of $32,780 drops to $25,280 after a $7,500 federal income tax credit. Nissan's new electronic vehicle, the Leaf. (AP AP Photo/Itsuo Inouye, File).

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Cadillac boosts performance of ELR plug-in hybrid for MY2016, cuts MSRP by $9K; $58,495 net after Fed credits

Green Car Congress

Cadillac has greatly enhanced the performance of its ELR extended range electric vehicle (plug-in hybrid) ( earlier post ) for the 2016 model year, and is also cutting the MSRP by $9,005, bringing the starting price down to $58,495 net after the $7,500 US federal tax credit (MSRP = $65,995). gasoline-powered engine-generator.

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