Indianapolis is becoming something of an EV hotspot. The all-electric car sharing service BlueIndy opened for business this week. BlueIndy is owned by the Bolloré Group, a French conglomerate that operates car sharing services in several other cities, including the successful Autolib in Paris. The new car sharing service uses the Bluecar, a two-door hatchback… Read more »
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Tesla Model X will probably qualify for the Hummer Tax Loophole. What does that mean?
Oh the irony! Could something called the Hummer Tax Loophole end up supercharging sales of Tesla’s new Model X? Section 179 of the federal tax code allows taxpayers to immediately deduct the cost of certain assets, including “heavy vehicles and equipment,” instead of depreciating them over time. Electrek reports that this became known as the… Read more »
Mercedes confirms plans for high-end EV
Daimler is accelerating into the electric future. Last year the company spent about half of its 5-billion-euro R&D budget on electrification and other emission-reducing technologies, and announced that it would introduce 10 new plug-ins by 2017. The Mercedes S550 Plug-In Hybrid, the group’s third model with a cord, went on sale in the US in… Read more »
Study: EV tax credits go mostly to high-income households
A new study from the Energy Institute at Haas, University of California, Berkeley, has reached an unsurprising conclusion: the benefits of federal tax credits tend to go mostly to higher-income households. Researchers Severin Borenstein and Lucas Davis found that 60% of the $18 billion in US federal clean energy tax credits issued between 2006 and… Read more »
UK report delivers details of growing Ultra Low Emission Vehicles market
The UK government is one of the more proactive ones in Europe when it comes to electromobility – it is electrifying public transport, investing in charging infrastructure, and offering cash grants to EV buyers (and, in Scotland, interest-free loans). The UK Department for Transport has released a report detailing the results of its efforts so… Read more »
New poll: Consumer interest in EVs hasn’t budged since 2013
Even as automakers are developing ever-more-capable EVs, and network operators are steadily rolling out new charging infrastructure, the average consumer has little more interest in electrified vehicles than two years ago. That’s the inescapable conclusion of a recent Harris Poll, which was conducted this May and repeated the questions of a poll from two years… Read more »
Tesla: cost of providing Supercharging “immaterial”
Stock-market pundits are all over the map when it comes to Tesla. One recently predicted that the EV-builder’s stock price is poised to double, thanks mostly to a new Uber-like business that, so far, exists only in said pundit’s writings. Another insists TSLA is heading for a crash, claiming that the company loses money on… Read more »
More independent auto shops working on hybrids and EVs
EVs require far less maintenance than legacy vehicles, and some have predicted the demise of the friendly neighborhood repair shop. However, an increasing number of independent workshops are carrying out routine servicing and repairs on hybrids and plug-ins, according to Autodata. Autodata supplies technical information to the automotive aftermarket, and over the last quarter, it… Read more »
Luxembourg to install 850 public chargers
Piece by piece, EVSE is spreading across Europe. Little Luxembourg is the latest country to establish a charging network, announcing that up to 850 public charging stations will be installed over the next five years. Details of where the chargers will be located and how they will be operated and maintained remain to be worked… Read more »
Lux Research: LG Chem threatens Panasonic’s position as world’s top EV battery supplier
Japanese giant Panasonic is by far the largest automotive batter supplier at the moment, with a 39% market share. According to a new report from Lux Research, it will probably hang onto that position, increasing its share to 51% as EV batteries grow to a $30-billion market by 2020. However, there’s a real possibility that… Read more »