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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]
The qualified plug-in electric vehicle credit phases out for a PEV manufacturer over the one-year period beginning with the second calendar quarter after the calendar quarter in which at least 200,000 qualifying vehicles from that manufacturer have been sold for use in the U.S. Cumulative sales started counting sales after December 31, 2009.
Tax credit of 50% of cost premium for BEV/PHEV purchase, 50% of conversion cost, or a tax credit worth 10% of the cost of a new BEV/PHEV vehicle up to $3,000. This same credit also applies to charge station costs. Maryland: up to $3,000: BEVs and PHEVs: Yes [63] Plug-in EVs are eligible for an excise tax credit until July 1, 2020. [64]
Back in January, Kia announced something it called its “Plan S” strategy. The $25 billion plan broadly outlines its targets for electric vehicles, with the highlight being plans to sell 11 ...
Select electric, plug-in hybrid and other alternative-fuel vehicles will lose access to the carpool lane starting Sept. 30, 2025, unless federal and state lawmakers act.
A plug-in hybrid electric vehicle (PHEV) or simply plug-in hybrid is a type of hybrid electric vehicle equipped with a rechargeable battery pack that can be directly replenished via a charging cable plugged into an external electric power source, in addition to charging internally by its on-board internal combustion engine-powered generator.
Combined Prius family vehicles reached 194,108 units representing a market share of 42.9%, down from 44.8% the previous year. [6] [7] Some of the few models with a significant growth in their year-to-year sales were the Honda Accord Hybrid, Infiniti Q50 Hybrid, Nissan Pathfinder Hybrid, and the Chevrolet Impala eAssist. [7]
The global market share of the light-duty plug-in vehicle segment achieved a record 0.86% of total new car sales in 2016, up from 0.62% in 2015 and 0.38% in 2014. [143] Cumulative global light-duty plug-in vehicle sales passed the 3 million milestone in November 2017. [144]