Posts Tagged: Plug-in Vehicle Sales

Clean Energy Credit Union directs investment to green projects including EV loans

The Clean Energy Credit Union (CECU) is now taking savings account deposits and making clean energy loans. CECU received its federal charter from the National Credit Union Administration in September 2017, and completed a soft launch in May, during which it beta-tested its online banking services. CECU is an online-only financial institution that focuses exclusively… Read more »

Even in the Nordic countries, car dealerships are a major barrier to EV adoption

It’s not really news that auto dealerships are a significant roadblock to wider EV adoption. A 2017 study found that most traditional dealers have few EVs in their inventory, and are unprepared to answer customers’ questions about EVs. In some cases, dealers actively discourage buyers from going electric. A new study from Aarhus University in… Read more »

Argonne reviews 40 EV market analyses from 16 countries

A team of researchers at the DOE’s Argonne National Laboratory has conducted a review of 40 automotive market studies from 16 countries, including the US, Germany, China, South Korea, the UK and Ireland. These studies modeled the decision factors that drive consumers to buy plug-in vehicles (PEVs). The study addressed such issues as: projected market… Read more »

Steady growth of Nordic plug-in sales falters

Plug-in vehicle sales in the Nordic countries have been soaring for over two years, setting one sales record after another. However, that trend stalled in the first quarter of this year, Insero reports. In the first three months of 2018, 24,893 plug-in vehicles were sold in Norway, Finland, Sweden, and Denmark, compared to 27,640 sold… Read more »

New software tool helps car buyers compare EVs with legacy vehicles

Consumers in seven Midwestern states seeking information about plug-in vehicles now have access to a new-vehicle purchase guidance tool created by Argonne National Laboratory. The consumer tool, called EVolution: Choices for a Smarter Purchase, is designed to help car buyers make informed decisions when purchasing a new vehicle. It starts with consumers’ purchase considerations, including… Read more »

2017 plug-in sales up 26%, Tesla and Chevy on top

Plug-in sales have failed…to reach the milestone of 200,000 units. Total US sales for 2017 were 199,826 (according to InsideEVs), a 26% increase compared to 2016’s 158,614. Worldwide sales were well over a million. December saw the biggest US monthly sales in history, and was the 27th consecutive month that sales were greater than the… Read more »

Plug-in sales shatter records in May, Prius Prime takes the lead

As more and more automakers are accelerating their plans for an electric future, sales of existing EV models are also gathering momentum. Monthly US plug-in vehicle sales have now beaten previous-year figures for 20 consecutive months. The trend continued in May, as an estimated 16,568 plug-ins were sold, a gain of 44% over last May…. Read more »

Oregon legislators consider sales incentive for EVs

Oregon legislators are considering a bill that would establish a $1-million fund to provide a $250 incentive to automobile sales staff who sell electric vehicles to Oregon residents (it exempts sales at exclusively electric dealerships). The bill (HB 2514) addresses two interrelated issues, according to its sponsor, Representative Phil Barnhart. First, $250 would be a… Read more »

Consumer group predicts plug-in sales will double in 2017

A new analysis of manufacturer sales predictions from the nonprofit Consumer Federation of America (CFA) predicts that 2017 plug-in sales will increase by over 100% compared to 2016. The Tesla Model 3 and Chevrolet Bolt are expected to lead the pack, with the Volt close behind. “With batteries becoming more efficient, an increasing variety of… Read more »

30 US cities announce plans to buy $10 billion worth of EVs

Take that, EV nay-sayers! As automakers prepare to meet with the new US regime to discuss watering down fuel efficiency regulations – which some fear is the first step to scaling back their EV programs – mayors of cities around the country have joined to demonstrate their interest in low-emission vehicles. Thirty cities, including New… Read more »