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EVs and Hybrids Still Too Expensive


The EVs and hybrid vehicles are still too expensive even with tax credits of $7,500 per vehicle. According to the Congressional Budget Office's presentation at this year’s Energy Information Administration conference, which took place on June 24th, based on the 2011 prices, the tax credits offered by the government could not offset the higher lifetime cost of EVs compared with the ...
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More evs articles

Renault Boss Wants Bigger Government Discounts for EVs
Renault says that pure EVs should get greater Government discounts than hybrids. Currently, any EV with a range of 70 miles on a single charge is eligible for a £5,000 subsidy, ...
Renault Will Continue Plans For EVs Despite Collapse of Better Place
Renault said that the collapse of the JV aimed at making EVs more appealing, will not make it give up its plans for electric vehicles. Recently Better Place has filed a ...
Angela Merkel Keeps Target of Having 1M EVs in Germany by End of Decade
German Chancellor Angela Merkel said she will keep the target of bringing 1 million EVs on the country’s roads by the end of this decade, despite low demand. Angela Merkel’s government ...
Hybrids and EVs Main Attractions at the Shanghai Auto Show
The main attractions of the 15th Shanghai International Auto Show are the electric and hybrid models. This comes as no surprise taking into consideration China’s recent fight with the unprecedented smog ...
One in Three Japanese EV Owners Will Not Buy an Electric Vehicle Again
A recent report shows that one in three Japanese EV owners will not buy another electric vehicle. "EVs are looked at more like a piece of technology and they don't age ...
EU Transport Boss Requires the Increase of Refueling Points for EVs
According to EU transport boss, Europe must quickly increase the number of refueling points for natural gas vehicles and EVs. EU Transport Commissioner Siim Kallas said that Europe must invest in ...
Tesla will repay U.S. Energy Department loans five years early
Tesla Motors has announced it will repay the loans to the U.S. Energy Department five years ahead of schedule in a plan approved by the government. Tesla Motors received $465 million ...
BYD and Daimler Extend Partnership in Electric Vehicles
BYD and Daimler have expanded their JV in electric vehicles by nearly half. Friday, March 1st, the two companies announced that will each invest $69 million in BYD Daimler New Energy ...
Tesla Motors CEO says NY Times’ story cost the company up to $100 million
Tesla Motors' CEO Elon Musk said the New York Times story about the Model S sedan failing to achieve its estimated driving range affected the company's stock-market value by as ...

latest automotive news
Leaked – New-gen Audi A4
A few images with the new generation of the Audi A4 have emerged and they are revealing part of its ...
Honda S660 Concept Edition introduced
The Honda S660 Concept Edition has been designed to celebrate the launch of the regular S660 and it is a ...
[VIDEO] See this Ferrari LaFerrari do donuts inside
Donuts and burnouts seem to be the Ferrari LaFerrari’s special and such a hypercar has been recently filmed while burning ...
Mechanic takes BMW M4 Coupe for refill, crashes it
A BMW mechanic has taken an M4 Coupe for a refill but he ended up crashing the performance model into ...
Recall roundup: BMW X5 for airbag problems
BMW has recently issued a recall for the X5 full-sized SUV because of a problem with its airbags. The German based ...
[VIDEO] Ferrari 488 GTB filming its promo
The Ferrari 488 GTB has been spotted recently on the road where it was filming its first promotional video. Ferrari has ...
[VIDEO] Dodge Challenger SRT Hellcat goes drifting
A new video released onto the web is showing the impressive Dodge Challenger SRT Hellcat drifting on public roads. The Dodge ...
Renault Captur and Kadjar might get RS versions
The two crossovers currently produced by Renault, the Captur and the Kadjar, are expected to receive Renaultsport versions in the ...
Trailer carrying McLaren MP4-12C gets hit by train, supercar destroyed
A trailer carrying a McLaren MP4-12C supercar has been hit by a train last week, in Orange Park, Florida, and ...
Aston Martin Vulcan to debut in North America
Aston Martin has announced the North American debut for the Vulcan track-only supercar during the 2015 New York Auto Show. The ...
[VIDEO] Ferrari LaFerrari goes drifting, almost crashes on the Ring
A rare example of the Ferrari LaFerrari has been recently taken to the famous German track, the Nurburgring, where it ...
Cadillac CT6 to bring lightweight approach to GM products
General Motors is set to introduce the upcoming large size CT6 sedan during the New York Auto Show this week ...
Dodge to produce 1,000 more SRT Hellcats
Dodge has recently announced that the production of the Challenger SRT Hellcat and Charger SRT Hellcat will be supplemented by ...
Spotted – McLaren 675LT
An example of the recently unveiled McLaren 675LT has been spotted recently in Spain while it was being driven on ...
US: FCA sales streak puts pressure on dealers
Fiat Chrysler Automobiles US, formerly the Chrysler Group, is set to report its sales for March on April 1 and ...
Audi RS3 Sedan planned for the U.S.
Audi is planning the introduction of the RS3 Sedan in the United States which will sit above the current S3 ...
Audi R8 V10 Plus Vegas Yellow seen in Germany
A Vegas Yellow finished version of the new Audi R8 V10 Plus generation has been spotted recently in Germany, at ...
US: Lincoln tries to restore positive momentum by reintroducing the Continental nameplate
Ford, just like its cross-town rival General Motors, has a serious problem with its premium brand – Lincoln – which ...