In the last few months, it has become clear how much of an effect the federal plug-in vehicle tax credit has on sales of electric cars. The tax credit on Teslas was cut in half in January, from $7,500 to $3,750, and its sales dropped from more than 90,000 cars to 63,000 after the tax credit was cut. Dec. 31, 2018 was the last day the full credit...
The EPA published a report last week advising local governments to start planning for climate change, despite references by the agency's administrator that the worst effects of global warming won't be felt for another 50 to 75 years. The new report, "Guidance about Planning for Natural Disaster Debris," comes as the Trump administration is working...
Climate scientists have issued frequent warning about the effects of rising sea levels from global warming on cities such as Miami and New York. But among the first places in the U.S. that may suffer the effects of climate change could be Waikiki Beach in Honolulu, according to a 2017 report by the Hawaii Climate Commission report, which showed...
On-again, off-again electric-car startup Faraday may have a future after all. The company announced two new rounds of financing Monday, a $1.25 billion stock sale expected to be completed by the end of the year, and a $225 million bridge loan to make it to the end of the year. In a statement, Faraday Future said the money will pay for the...
Daimler’s Smart brand has announced that it’s pulled the plug on the U.S. sales of its only model, the Fortwo, which went all-electric just one model year ago. The decision, according to Mercedes-Benz USA, holds for both U.S. and Canadian markets and has to do, the company says, with “high homologation costs for a low volume...
The company said it would slash the cost of solar energy by up to 38 percent by standardizing systems and asking customers to take on more responsibilities.
Tesla CEO Elon Musk reaches a new settlement with the SEC to avoid contempt charges. We sat down with the chief engineer of the new 2020 Toyota Highlander Hybrid to learn how it reaches fuel-economy estimates similar to the compact Corolla. Some new infrastructure could help boost wind power in California. And New York puts its public...
When the 2020 Toyota Highlander Hybrid goes on sale next year, its EPA fuel-economy estimates may match most versions of the Corolla compact sedan. And it has room for eight passengers. To figure out just how Toyota eked out a manufacturer-estimated 34 mpg combined (an EPA number anticipated but not yet confirmed by the agency), Green Car Reports...
Elon Musk's Twitter followers may face a new reality next week. The Tesla CEO reached a new agreement with the Securities and Exchange Commission, announced Friday, that he will no longer tweet about the company's finances or sales without preapproval from a Tesla securities lawyer. Musk's Twitter feed (@ElonMusk) has until now been a...
In the efforts of Green New Deal and electric car advocates, a new permit for power transmission lines may knock down one of the biggest hurdles to bringing more renewable power to electric cars. Last week, a major new power transmission line from Wyoming to the Hoover Dam won final approval from Wyoming, the last of the states it traverses to...