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In November 2013, the Texas Commission on Environmental Quality approved a rebate program to provide financial incentives up to $2,500 for the purchase or lease of new eligible vehicles powered by compressed natural gas (CNG), liquefied petroleum gas (LPG), or plug-in electric drive with battery capacity larger than 4 kWh, from a licensed dealer or leasing company. [2]
These electric vehicles not considered by the government as new energy vehicles due to safety and environmental concerns, and consequently, do not enjoy the same purchase benefits as highway legal plug-in electric cars. [9] In 2015, sales of low-speed small electric passenger vehicles in China totaled 750,000 units, and 1.2 million in 2016. [10]
DOE research and development reduced the cost of electric drive vehicle batteries to US$325 / kWhr, 50% lower than 2010 costs. In the first year of the Workplace Charging Challenge, more than 50 U.S. employers joined the Challenge and pledged to provide charging access at more than 150 sites.
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On average, it can cost about half as much to drive an electric vehicle, according to the U.S. Department of Energy -- and that's presuming a cost of $2.85 per gallon.
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Global Electric Motorcars (GEM) is an American automotive manufacturer specializing in neighborhood electric vehicles (NEVs) since 1998 and low-speed vehicles (LSVs) since 2001. By October 2015 [1] the company had sold over 50,000 GEM Battery electric vehicles worldwide. Originally owned by Chrysler, GEM was acquired by Polaris Inc. in 2011.
The program is aimed to promote the sale of 400,000 electric vehicles. The cost of the purchase incentive is shared equally between the government and automakers. Electric car buyers get a €4000 (US$4,520) discount while buyers of plug-in hybrid vehicles get a discount of €3000 (US$3,390).
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