A state at the forefront of U.S. electric-vehicle adoption has set an ambitious goal of nearly 1 million plug-in electric cars on its roads by 2030. Colorado, which counted 13,000 electric vehicles on the road at the end of 2017, rolled out an aggressive plan this week to achieve that goal. Its largest efforts go toward enhancing the current... Colorado moves to put more electric cars onto state roads faster
A state at the forefront of U.S. electric-vehicle adoption has set an ambitious goal of nearly 1 million plug-in electric cars on its roads by 2030. Colorado, which counted 13,000 electric vehicles on the road at the end of 2017, rolled out an aggressive plan this week to achieve that goal. Its largest efforts go toward enhancing the current...
After announcing it would ban the sale of fossil-fuel vehicles by 2030, the world's second-most populous country plans to support that goal through private and corporate partnerships and government incentives. India's decision to end fossil-fuel sales in the country comes with unique challenges. One is a per-capita annual income of just $1,670...
Costa Rica isn't what you'd call a bastion of automotive sales. The Central American country ,wedged between Nicaragua and Panama, is home to 4.8 million people who buy just 154,000 vehicles annually—less than 1 percent of the sales in the United States. But that won't deter the Costa Rican government from greening its fleet. It now aims to...
Rather to the surprise of electric-car advocates, the massive tax bill passed by the U.S. Congress in December did not eliminate the federal tax credit for purchase of a plug-in electric vehicle. That credit lets buyers take a credit of $2,500 to $7,500 on their income-tax filing in the year of purchase. Now, financial columnist James Stewart has...
Electric-car leadership isn't only about getting the vehicles on the roads. Charging infrastructure, tax incentives, and a passionate fan base for cars that plug in are all important to build a community of electric-vehicle drivers who will spread the word. With two decades of experience, California has a lot of knowledge—and some best...
Virginia is for lovers—and it may soon be for lovers of electric cars and plug-in hybrids, too. Virginia House Delegate David A. Reid [D-32nd] has proposed a bill, expected to hit the House floor Wednesday, that would see buyers of electric vehicles receive a state-tax rebate of up to $3,500. Currently, Virginia's green-car incentives are...
As China stares down climate change and smog alerts in numerous cities, the central government has extended its tax rebates for hybrid and electric vehicles for another three years. The move is one of many recently that will eventually see traditional internal-combustion cars all but eliminated from new vehicles sales in the country. The changes...
The tax reform bill likely to be voted on by the U.S. Senate and House of Representatives retained a number of provisions originally slated to be cut from the tax code. Among them was the federal income-tax credit for purchase of a plug-in electric vehicle. Three carmakers—General Motors, Nissan, and Tesla—have now used more than half...
As the electric-vehicle market matures and more global automakers commit to building battery-powered cars, one driving force has emerged to lead the pack. With apologies to the title of a comedy from half a century ago ... The Chinese Are Coming. That's the assertion made by old China hand Michael Dunne, of Dunne Consulting in Hong Kong, who makes...
Two bills from the Senate and House of Representatives that would radically reform U.S. tax policy for the first time in three decades are now being reconciled by a joint committee from both houses of Congress. No public hearings on those bills have been held in either chamber, and the legislation is closely guarded. It would be fair to call the...
Common wisdom has it that the last few days of any calendar year are the best time to buy a car. Not only are franchised dealers and their salespeople seeking to close out the month with a bang, but it's the end of a year and their allocation of cars next year can depend on how many they sell this year. In other words: bargains may be there for...
While it's clear that the transition to plug-in electric cars is accelerating across the globe, in the short term electric cars still face numerous hurdles. Charging infrastructure remains inconsistent, vehicle range is still an issue, and ultimately, the inherent and appropriate conservatism of car buyers themselves acts as a brake on adoption of...
The United States tax code hasn't seen a major overhaul in decades, and the current Congress—along with the Trump administration—may be learning, or re-learning, why. Numerous opponents have moved swiftly to condemn various aspects of the draft Tax Cuts and Jobs Act (HR1) proposed in the House of Representatives, released last...
The process of drafting a so-called tax reform bill has been shrouded in mystery, with even Republican congressmembers admitting they didn't know what provisions it will contain. But according to a report on Thursday, the draft of the bill, named the Tax Cuts and Jobs Act—to be released Thursday—may eliminate the income-tax credit of...
Dubai, the second largest sheikdom in the United Arab Emirates, has introduced new incentives in an attempt to make electric cars more desirable. Battery-electric and plug-in vehicles often go overlooked in the oil-rich area, but even some of the world's largest crude-oil producers plan to reduce their addiction to black gold. Now, Dubai will...
Connecticut ushered in a unique electric-car incentive in 2014, and the first points of data on its effectiveness have now been published. The Connecitcut Hydrogen and Electric Automobile Purchase Rebate (CHEAPR) program not only provides a direct incentive for consumers to buy electric cars, it also awards cash to the dealership that sells one...
The deals, incentives, and rebates currently available on the 2017 Nissan Leaf are generous and well documented. A handful of utility companies across the United States have offered generous discounts, likely backed by Nissan itself, to move the current-generation Leaf from dealerships to driveways. All of this has occurred as the 2018 Nissan Leaf...
The Toyota Prius is undoubtedly the world's best-known hybrid car, and it's now been in production over four generations for more than 20 years. There have been more than 6 million Priuses built so far, and the U.S. represents the car's largest single market. That means lots of current Prius drivers exist on U.S. roads. DON'T MISS: 2017 Hyundai...