article thumbnail

J.D. Power: EV price pressure grows as government incentives and lease deals wield outsized influence on consumer demand

Green Car Congress

Power EV Index ( earlier post ), a new, advanced analytics tool that tracks the progress to parity of EVs with internal combustion engine (ICE) vehicles in the United States, this steady decline in price mixed with surging availability is setting the stage for a new era of EV price wars. According to the J.D.

Price 404
article thumbnail

EIA: US renewable diesel capacity could more than double through 2025

Green Car Congress

EIA said that two factors behind growing US renewable diesel capacity are rising targets for state and federal renewable fuel programs and biomass-based diesel tax credits. The “Inflation Reduction Act” extended the biomass-based diesel tax credits through 2024.

Renewable 195
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

Chevrolet delivers first Bolt EVs to SF Bay Area customers

Green Car Congress

The Bolt EV begins at a manufacturer’s suggested retail price of $37,495, which includes destination and freight charges, but excludes tax, title, license and dealer fees. Depending on individual tax situations, customers may receive an available federal tax credit of up to $7,500. inch-diagonal color touch screen.

Chevrolet 150
article thumbnail

Converting Coal Power Plants to Nuclear Gains Steam

Cars That Think

In the United States, coal’s share of electricity generation has plummeted since its early 2000s peak; 28 percent of U.S. DOE analysts screened 349 retired and 273 still-operating coal-plant sites across the United States. It is true that, in much of the developing world, coal-fired capacity continues to grow.

Coal 145
article thumbnail

Top 10 states offering EV incentives

Plug in America

Various states across the United States offer electric vehicle (EV) purchase incentives to help accelerate the adoption of zero-emission vehicles. Below is a list of the top 10 states who provide valuable incentives. Find out if your state is on the list! . Massachusetts.

article thumbnail

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

Green Car Congress

The Mercedes-Benz MY14 B-Class Electric Drive ( earlier post )—the first electric offering for the brand in the United States—is priced at $41,450, excluding $925 destination and delivery. Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits.

Mercedes 291