article thumbnail

EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. These incentives are in addition to a federal (nationwide) tax credit, which ranges from $2,500 to $7,500 depending on battery capacity and gross vehicle weight. Electric vehicles per 1,000 vehicles.

Plug-in 381
article thumbnail

Rivian (RIVN) adds R1S SUV to lease program and expands to additional states

Baua Electric

Here’s the complete list: Arizona California Colorado Florida Georgia Illinois Massachusetts Michigan Missouri New Jersey New York Nevada Pennsylvania Texas Virginia Washington Rivian shared that an R1T or R1S lease immediately qualifies for the $7,500 clean vehicle tax credit , which is automatically deducted from the total price of the vehicle through (..)

SUV 98
article thumbnail

Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

” Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits. “The purchase of the BEV Lease is to aid in our goal of delivering carbon neutrality by 2050 by controlling the vehicle battery through its life, keeping it in the Ford network.”

Ford 98
article thumbnail

Chevrolet Volt MSRP Starts at $41,000, $33,500 Net of Full Federal Credit; 3-year Lease Program with Option to Buy

Green Car Congress

GM will introduce the Chevrolet Volt extended range electric vehicle with a starting MSRP of $41,000; after applying the Federal income tax credit of $7,500, the price drops to $33,500. Customer deliveries are scheduled to begin in launch markets late this year, with initial production of 10,000 units for the first year.

Volt 199
article thumbnail

Ford begins roll-out of Focus Electric; electrifying the platform efficiently

Green Car Congress

Ford has begun the consumer roll-out of the Focus Electric, the battery-electric version of its new Focus; production of the vehicles began in December 2011 at Ford’s Michigan Assembly Plant. Ford will ramp up Focus Electric retail production in the first half of 2012 for dealership availability in California, New York and New Jersey.

Ford 281
article thumbnail

US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

The project will result in expanded availability of alternative fuels with 17 new CNG and E85 fueling stations and 63 electric vehicle charging stations. New Jersey Clean Cities Coalition’s New Jersey Compressed Natural Gas Refuse Trucks, Shuttle Buses and Infrastructure. Total DOE award: $14,999,658.