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Jeep Electrified – SUV Maker Adding EVs, Plug-Ins

Battery-based Jeeps “under active development.”

by on Jun.24, 2016

The Jeep Renegade could be one of the first models electrified, a plug in the Chinese market.

Today’s battery-based vehicles tend to be small sedans, coupes and hatchbacks. But that’s beginning to change with high-end products like the Tesla Model S and, more recently, the Model X.

Tesla will soon have some challengers in the battery-electric SUV market including Audi, set to debut an all-electric ute in 2018. And Jeep is getting ready to weigh in, as well, according to brand boss Michael Manley.

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While Fiat Chrysler’s SUV division isn’t ready to release specific plans, Manley told that new battery-based products are “under active development,” and other company sources indicate they aren’t very far from launch.


EV, Hybrid Owners Swapping Green Rides for SUVs

Improved fuel efficiency of SUVs helping to draw green model owners.

by on Apr.22, 2016

If you're driving one of these now, the odds are better than ever your previous vehicle was a hybrid or an EV.

All of those new SUVs trundling down America’s roadways may have more in common than what meets the eye. With increasing frequency, those new sport-ute owners are former EV or hybrid devotees.

A new study from shows that just 27.5% of all hybrids and electric vehicles traded in this year were swapped for another like model. It’s a substantive drop from the 38.5% from 2015.

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And the vehicle they’re most likely to replace their gas sipper for? Yup, an SUV. Edmunds found that a hybrid or electric trade-in is more likely to go toward the purchase of a ute 33.8% more often than another hybrid or EV. (more…)

Canada Pumping More than $100M into EV Infrastructure

Nation looking to expand its "green" efforts.

by on Mar.31, 2016

Canada is investing more than $100 million in its EV infrastructure during the next two years.

Under its new Prime Minister Justin Trudeau, Canada is looking for ways to increase the sales of electric vehicles to help with the nation’s commitment to fight global warming.

“We believe that a strong commitment to the development of alternative transportation fuel infrastructure, coupled with electric vehicle (EV) incentives offered on a provincial level, will continue to support the adoption of clean technology vehicles in Canada as widespread charging infrastructure and price-competitive EVs help attract consumers to the market,” BMI Research said in a new report.

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The Canadian government’s 2016 Budget proposes to provide 62.5 million Canadian dollars during the next over the next two years to Natural Resources Canada in order to support the deployment of infrastructure for alternative transportation fuels, including charging infrastructure for EVs and natural gas and hydrogen re-fueling stations.  (more…)

BYD Looks to Triple EV Sales in 2016

China's push for EVs aids maker's quest.

by on Mar.30, 2016

China's BYD is looking to triple it sales to 150,000 units in 2016 compared with last year's results.

BYD Auto, the Chinese electric car company, which counts Warren Buffett among its investors, expects to triple its sales of EV this year with the help of incentives offered by the Chinese government, according to a statement from the company.

The Chinese automaker is already one of the largest builders of electric vehicles in the world and last year built more electric vehicles than rivals Tesla, Ford and General Motors. Only Nissan with its Leaf sold more electric-powered vehicles. In all, BYD delivered 58,000 vehicles in 2015, and expects to sell up to 150,000 vehicles this year.

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Global demand for battery-electric vehicles is expected to achieve a compound annual growth rate of 59.42%, according to a report available from Research and Markets of Dublin, Ireland. But this impressive growth could be even higher if BYD’s sales predictions are correct, the Irish firm suggested. (more…)

Plug-In Electric Vehicles Hitting Roads in Higher Numbers

Despite low gas prices, EV numbers continue rising.

by on Dec.31, 2015

The new Chevy Volt is one of several new EVs that are helping to reduce emissions from vehicles.

Even though the price of gasoline has dropped precipitously, slowing the move towards more efficient vehicles, as of October, there were about 375,000 plug-in electric vehicles (EVs) on America’s roads, according to data collected by the Natural Resources Defense Council.

At the same time, the number of different EV models available has grown from two in 2010 to over 29 today. That is encouraging, and we’ll need to continue to expand electric vehicle availability and adoption to meet our long-range climate targets, NRDC latest report on electric vehicle adoption noted.

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The NRDC has long favored using electric and earlier this year sponsored joint research with the Electric Power Research Institute that suggested fueling transportation through electricity instead of oil could be a huge lever for reducing carbon pollution. (more…)

Green Car Purchasers More Likely to Pay with Green

Buyers used cash more often for alternative fuel vehicle, study shows.

by on Apr.22, 2015

The Toyota Prius was the most registered green car last year, according to Experian.

If you’re looking to buy a green vehicle, it appears you’re more likely to simply drop a bunch of green to do it, according to a recent study.

Buyers of alternative fuel vehicles last year were more likely to pay cash for their EV or hybrid than those purchasing a vehicle with a traditional internal combustion engine, said Experian Automotive.

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Sales of those vehicles have been in the decline through the first quarter of this year, but those buying them are pretty much a sure thing for automakers. More than 18% of consumers that purchased a “Green” vehicle paid in cash, compared to 15.2% of those that purchased a gas-powered vehicle, the company said. (more…)

GM Slashes Price of Chevy Spark EV

Maker is the latest to try price cut to boost sluggish sales.

by on Apr.15, 2015

The Chevy Spark can launch to 60 in 8 sec.

General Motors is slashing the price of its slow-selling Chevrolet Spark battery-electric vehicle in a bid to boost demand.

It’s the latest in a string of price cuts by automakers struggling to build interest in plug-based vehicles, and the announcement comes just days after GM confirmed it will next month shut down production of its Chevy Volt plug-in hybrid due to lack of demand. It will re-launch production with the second-generation Volt that was introduced at the Detroit Auto Show earlier this year.

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“Chevrolet is committed to making EV driving more accessible, affordable and fun” Steve Majoros, director of Chevrolet Car and Crossover Marketing, said in a statement. “Spark EV customers will benefit from an impressive blend of technology, capability and low cost of ownership, now at an even more impressive price.”


Pricing Wars: Plug-in Hybrid, EV Prices Dropping

Makers cutting lease payments on vehicles.

by on Mar.26, 2015

BMW recently cut the lease price on its electric i3 model to $239 a month. The maker isn't alone in reducing prices.

Gas prices aren’t the only prices dropping these days. Automakers are cutting prices on their electric vehicles.

Despite strong sales early on, BMW recently announced buyers can lease an i3 for as low as $239 a month. However, just after that, Honda put out a new $199 lease for its Fit EV subcompact. The new lease price is a $60 a month cut from its previous offer of $259 a month.


It’s not just the leases prices. Heading into this year, Ford announced it was cutting the price of its Focus battery electric vehicle as well: by $6,000. The new starting price is $29,995 before any federal, state or local incentives are applied, which can cut the final price as much as $7,500. It was the second time the automaker cut the price on the Focus. It cut it $4,000 in 2013 hoping to drive sales then. (more…)

Tesla Stock Price Sliding Due to Low Gas Prices

Analyst revises sales estimates due to fuel prices.

by on Dec.17, 2014

Low gas prices are taking a bite out Tesla's stock price in the last six weeks.

The low gas prices that have been a boon for truck and sport-utility sales are taking a toll on fuel-efficient and electric vehicles… and the stock price of at least one company: Tesla Motors.

The Palo Alto, California-based automaker saw its stock close below $200 a share yesterday for the first time since mid-February at $197.81, which was down $6.23 for the day. The drop below $200 was tied, in large measure, to concerns about declining gas prices.

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While the stock rebounded today, closing at $205.81, that doesn’t mean the impact of gas prices isn’t having a long-term effect. Tesla stock has been sliding steadily since the middle of November when it was in the mid-$250 range. This coincides with the time gas prices were in the early throes of their decline. (more…)

Tesla’s China Chief Clears Out

Former Apple exec Wu departs after less than a year on the job.

by on Dec.12, 2014

The head of Tesla's operations in China, Veronica Wu, resigned after less than a year at the company.

Less than a year after joining the company and nine months after accepting the job, Veronica Wu resigned as the head of Tesla Motors’ China operation. She gave no reason for her departure.

Wu joined Tesla from the China unit of Apple and was expected to guide the fledgling EV maker through the myriad of problems it could face in the country.

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The California-based EV maker just started expanding its presence in China after years of legal wrangling over the company’s name with a squatter. Tesla founder Elon Musk traveled to Beijing to help deliver the first vehicles to buyers there in April. (more…)