For Hyundai, ZEV credit rules are working
Hyundai's Mike O'Brien tells us how California's Zero Emission Vehicle credits are impacting the company's green car plans.
Hyundai's Mike O'Brien tells us how California's Zero Emission Vehicle credits are impacting the company's green car plans.
Tesla thinks that the California Air Resources Board is moving in the wrong direction by loosening the rules for midsize automakers. The company also wants even fewer zero-emissions vehicles credits available on the market to be traded among companies.
Zero-emissions vehicle credit provision favors California when it comes to model availability, sales.
California is adjusting its zero-emissions vehicle mandate to help smaller automakers. Rather than completely excusing them from the program, the companies may offer plug-in hybrids and still receive ZEV credits for them.
Tesla Motors' California battery-swapping station remains under 'pilot-program' status.
Katie Fehrenbacher from GigaOm drove down to the Tesla's first battery-swap station in Coalinga, California to snap some photos and check on its progress. The station will be the first to begin a pilot program to conduct the three-minute pack swaps, and could restore Tesla's revenue stream of selling ZEV credits.
When it comes to California zero-emissions vehicle (ZEV) credits last year, Nissan was selling and Mercedes-Benz was buying. The California Air Resources Board (CARB) put out its ZEV-credits numbers for the year that ended September 30, which is why we now know that Nissan, maker of the battery-electric Leaf, transferred 663.6 ZEV credits out of
Ohio is not known as a hotbed of EV sales – if anything, the state is a bit anti-EV, thanks to a legislative fight against Tesla's direct sales model – but it might be on Chevrolet's short list to expand the market for the Spark EV in the near future. The latest official GM press release on the battery-powered Spark Sebastian Blanco
With the first Hyundai Tucson Fuel Cell Vehicle deliveries happening soon (a bit later than expected), it's time for the Korean automaker to explain why it's offering the H2 CUV here in the states. After all, there are only 10 public hydrogen stations i
Could the California Air Resources Board (CARB) be taking a $55-million bite out of Tesla Motors' profits? The state regulator, which grants zero-emission vehicle (ZEV) credits for automakers making plug-in vehicles, is planning to reduce the number of credits generate
Nissan, like Tesla, is finding that it's a seller's market when it comes to zero-emission vehicle (ZEV) credits in the most populous US state. The Japanese automaker has joined the California-based manufacturer of the Model S in selling ZEV credits to automakers who aren't making enough plu
Finally, we know the number. Tesla Motors announced today that it sold 5,150 Model S electric vehicles in North America last quarter. Divide by three and you see that the California company sold around 1,700 cars a month, which puts it right up there with the current plug-in vehicle c
Tomorrow, we will get a fresh glimpse into the financial situation over at Tesla Motors. That's when the California automaker, always ready to go its own way and not release monthly sale figures, will discuss its second-quarter SEC filing. From what we've been told, it won't be as rosy at three months ago. In early May, when Tesla announced Q1 results and said it Sebastian Blanco
As Tesla Motors showed last month, it takes as little as 90 seconds to swap out a battery on a Model S electric vehicle. Unfortunately for the California-based automaker, it could take as little as 90 days for the state to shelve a law that made such battery-swapping capabilities a profitable exerc
Julie Christie, the rumors are true. After plenty of hint-dropping over the past few months, Tesla officially released 2013 first quarter (Q1) financial details today, and it was the first quarter in which the ten-year-old company was actually profitable. CEO Elon Musk, speaking on a c
Tesla Motors is expected to release quarterly earnings figures within the next few days, and the Silicon Valley automaker is thought to have attained profitability for the first time ever. As it turns out, a good bit of that profit will reportedly come from the State of California.
Automakers are buying and selling zero emission vehicle credits ahead of more stringent ZEV mandates in California. The state now requires larger automakers to increase the number of zero-emission vehicles they sell, including electric, plug-in hybrid and Zach Bowman
Earlier today, and very quietly, the California Air Resources Board (CARB) released all of the zero-emission vehicle (ZEV) credit balances. You can see the raw numbers for yourself here, but they might not make a whole lot of sense at first glance. If they don't, come back and we'll try and parse them together.