Last week, I was fortunate to meet with two of the people driving Los Angeles’ transition to plug-in electric vehicles (PEVs). Beth Jines, the Director of Sustainability for the City of Los Angeles, and Sarah Potts, City Director of Los Angeles for the Clinton Climate Initiative, are working together to navigate the
plug-in electric vehicles
Will electric vehicles ever become the common way to drive? What is needed is an infrastructure that allows easy recharging of the vehicle (such as gasoline stations are for the internal combustion engine). There are two key barriers to plug-ins: first, the current battery technology is very expensive, adding thousands of
Electric vehicles need to be admired not only for their bodies, but also for their brains. The second wave of EVs and plug-in electric vehicles (PEVs) are likely to be even smarter than the first as automakers are enhancing their telematics features.
Vehicles coming out later this year from Ford (Focus
Within the universe of electric vehicles, an interesting niche is being carved out, as entrepreneurs and vehicle manufacturers are finding that success may be with some of the most unlikely plug-in electric vehicles (PEVs): medium and heavy duty trucks.
From a pure fuel cost standpoint, electricity driven trucks make a lot of sense since
Electric vehicles (EVs) are widely considered an inevitable part of the future of transportation. Every major auto manufacturer is working on their own electric model, with notables like the Nissan Leaf, Chevy Volt and an electric Ford Focus scheduled for release within the next year or two.
China is likely to become the largest market for plug-in electric vehicles thanks to a larger relative government investment, but will trail the U.S. in hybrid sales.
The Chinese government announced it will spend $14.7 billion through 2020 on alternative drivetrain vehicles, with the bulk of the money going towards all-electric vehicles, according to news reports quoted
The movement towards zero emission electric cars is gaining a tremendous amount of momentum. As we move into 2010, practical electric vehicles for the vast majority of the public will be available late in the year with the release of the Nissan Leaf. The shift that may occur in the coming years provides the opportunity to engage in open dialogue about the tax benefits and burdens as the US moves into the era of the electric car.
If you plan to purchase an electric car in 2010, you can expect a healthy federal income tax credit to reward you. For plug-in electric vehicles with a gross vehicle weight of less than 14,000 pounds acquired after December 31, 2009, the maximum tax credit available will be $7,500. The base amount of the credit is $2,500. If the car has a battery capacity of at least 5kWh, then an additional $417 in tax credits will be available. For every kWh of battery capacity in excess of 5kWh, $417 will be added to the total amount. The additional amount, based on battery capacity, over the base amount is limited to a total of $5,000.