California along with seven other states have made a pledge to get 3.3 million zero-emission vehicles onto their roads by 2025 by introducing new incentives for zero-emissions vehicle (ZEV) buyers.
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The U.S. Department of Energy has released a graph showing that electric vehicles are outselling hybrids over the same period of time since their introduction to the market.
Incentives and price cuts boosted electric vehicle sales in June.
Prices for electric cars are falling dramatically and the reason for the discounted cost may surprise you.
In a recent study released by J.D. Power Asia Pacific, overall customer satisfaction with new-vehicle sales has declined, while fuel efficiency is the most frequently cited factor in choosing a new vehicle.
The sales of plug-in hybrid and electric vehicles (PEVs) have not been as strong as many had hoped, and a new study from Pike Research shows that around 410,000 PEVs will be sold between 2011 and 2015, falling short of the million mark that the Obama administration wants.
In 2008 when President Barack Obama was a senator, he pledged a goal of having 1 million electric vehicles on U.S. streets by 2015. Four years later, that goal seems far away at best.
In his 2011 State of the Union address, President Obama said “with more research and incentives, we can break our dependence on oil with biofuels, and become the first country to have a million electric vehicles on the road by 2015.” Even though there is the capacity to build 1 million EVs by 2015, sales and overall demand for electric vehicles will keep that goal out of reach.
The Chevrolet Volt, for example, hasn’t done as well as anyone hoped, with production stopping at times to help match supply and demand. In fact, the Volt is selling at about 10 percent of the Department of Energy’s projected 120,000 units per year. The Nissan Leaf, despite its selling better than the Volt, won’t meet 100,000 sales until 2014.
Rather than admitting the goal is out of reach, the White House changed the wording in its “Blueprint For A Secure Energy Agenda” from aiming to have 1 million EVs on the streets to saying “by 2015, the United States will be able to produce enough batteries and components to support one million plug-in hybrid and electric vehicles.”
Even without the fire fiasco of the Volt, the million EV goal by 2015 would be a challenging one. Electric vehicles will continual to fight an uphill battle until the technology is widely accepted and is convenient.
[Source: Left Lane News]
Initial estimations for electric vehicle sales may have been a tad too optimistic, as a new report is coming out that EV sales may total half of what was originally expected by 2025.
It’s probably too early to tell given human nature – who would have thought the Prius would be a hard to get vehicle – but Morgan Stanley now expects electric vehicles to account for 4.5-percent of total auto sales in 2025 instead of the initial 8.5-percent figure.
Automakers are still optimistic however, Renault-Nissan still expects electric vehicle sales to account for 10-percent of the global market by 2020.
The skepticism towards the originally inflated figures comes from the fact that without government assistance, electric vehicles will be too expensive to meet those forecasts. Electric vehicle sales are currently heavily subsidized by various governments but that’s not expected to last.
Analysts believe that sales will increase once the battery technology on electric vehicles becomes less expensive, but that’s not expected until 2025. We’re a little more optimistic though, given how technology has improved exponentially over the years.
GALLERY: Nissan Leaf
[Source: Left Lane News]
We’ve been hearing about it for several years, but as for an actual on-sale date and pricing for Ford‘s Focus Electric, mum’s pretty much been the word. That is, until now.
On Wednesday, November 3rd, Ford Motor Company finally announced that the car will sticker for $39,995 in the U.S., which includes a $795 destination charge. That price puts it against the Chevy Volt but above other, all-electric cars such as the Nissan Leaf and Mitsubishi i. However, the Focus Electric, like the others, is eligible for a $7500 rebate, which will somewhat help to alleviate sticker shock.
Nevertheless, considering that the conventional gas powered Focus retails from $17,295 to $23,495, even with rebates, the Electric model still represents a sizeable chunk of change.
Furthermore, Ford has yet to release any information concerning the car’s EPA mileage and range and until it does, it will be unable to sell the vehicle. Some estimates peg the Focus Electric as being able to travel up to 100 miles on a single charge, something Nissan boasts of its Leaf, though EPA testing of the latter revealed a maximum range of 73 miles.
The Volt, by comparison, can travel up 35-40 miles on pure electric power and up to approximately 300 miles with the range extending 1.4-liter Ecotec “generator.”
However Ford says that via it’s 240 volt station, full battery charge on the Focus EV can be reached in around half the time of the Nissan Leaf, which takes around 8 hours to fully top up.
Ford says it will deliver a few Focus Electrics before the end of the year (the car’s initial launch is targeted for California and New York/New Jersey) and indeed the company has already opened up a website for taking orders, though it says the vast majority won’t find owners until 2012, when it will target a total of 19 markets in the US (Atlanta, Austin and Houston, Boston, Chicago, Denver, Detroit, Los Angeles, San Francisco, San Diego, New York, Orlando, Fla., Phoenix and Tucson, Ariz.; Portland, Ore.; Raleigh Durham, N.C.; Richmond, Va., Seattle, and Washington, D.C.).
However, despite choosing the markets above based on such criteria as current EV and Hybrid useage, commuting patterns and the commitment to electrification both by local government and utilities, Ford hasn’t said just how many Focus EVs it plans to sell in 2012, stating that “market demand will decide.”
Given the modest numbers witnessed by the LEAF (8,048) and the Volt (5,003) in the first 10 months of this year, then despite government incentives, don’t expect any records when the Focus EV does finally show up at retailers.