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automotive industry

Car Sharing Programs Have Taken 500,000 Cars off U.S. Roads, Report Says

Car Sharing Programs Have Taken 500,000 Cars off U.S. Roads, Report Says

written by Yale Environment 360

The rapid growth of car-sharing programs has cut the number of vehicles on U.S. roads by more than half a million, according to new research by Alix Partners, a consultancy group with clients in the automotive industry.

The trend will continue beyond 2020, the group projects, at which point 4 million people will be participating in car-sharing programs and 1.2 million fewer cars will be on the road. Of the 10 cities surveyed, residents of Boston, home of the Zipcar company, were most aware of car-sharing programs.

Young people and, surprisingly, households with children were least likely to own their own cars, the survey said. Roughly half of the people who had tried car-sharing had already decided not to purchase or lease their own car, and did not plan to do so in the future. Rather than environmental concerns, nearly 60 percent of interviewees said cost and convenience led them to participate in car-sharing.

Article appearing courtesy Yale Environment 360.



March 8, 2014 0 comment
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Has the United States Hit Peak Cars?

written by Walter Wang

We are in the midst of reviewing our plug-in electric vehicle forecasts, which means scouring data and news sources to get an understanding of how issues are playing out in the court of public opinion. It’s always the fun part of the job to learn what is “news” and what the public is talking about on forums and the

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July 29, 2011 0 comment
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EVs, Hybrids, Plug-Ins, Zero-Emitters: What Comes After The Prius?

written by Tina Ngo

electric-vehicle-sign.jpg

The Smiths have a Ford, and the Johnsons have a Nissan… but how long will it take the Jones to have a Tesla in your neighborhood?

Tesla Motors, along with Ford and Nissan, were recently awarded loans from the US Energy Department, totaling about $8 billion, to help automakers transition to making more fuel-efficient vehicles. Tesla Motors, which produces high performance, consumer-oriented battery electric vehicles, received $465 million to finance the manufacturing plant for their Model S, as well building a powertrain plant. The Model S, an electric sedan, expected to start production in 2011, will cost roughly $49,900, after a $7,500 tax credit.

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July 8, 2009 1 comment
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