Word: ev
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Dates: during 2000-2009
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...concession to manufacturers, the Department of Transportation offers generous credits to carmakers that build advanced-technology vehicles. Manufacturers of electric vehicles will get credits that apply to the regulation's overall company pollution targets. However, the power-plant carbon emissions from generating the electricity to run an EV are not factored into the greenhouse-gas calculations for such vehicles, says Jim Kliesch, senior engineer with the Union of Concerned Scientists. "In truth, if you include system-wide emissions it's about half of what a conventional vehicle emits," he says...
...feel too badly for Detroit. Becker says the company that perhaps does best under the proposed rules is the government's own car company, General Motors. GM benefits from the EV exception and also from the changes in the rules that will allow sales of larger vehicles like pickup trucks through a separate loophole that permits automakers to "borrow" credits from the future. Kliesch says the flexibility is fine but asks where the guarantee is that the companies will make good on promises to repay borrowed credits. "That's why you need some kind of backstop [in the rules...
...Overseas, Nissan is in talks from Scottsdale, Ariz., to Singapore to establish charging networks and promote what it calls "zero-emission mobility." In the U.S., Nissan and its French partner, Renault, are joining forces with Better Place, which is developing a system of EV service stations where battery packs can be quickly replaced instead of recharged, making "fill-ups" no more time-consuming than topping up fuel tanks with gas. Nissan also has a tie with Europcar, a car-rental company, to roll out EVs throughout European countries including France, Germany, Belgium, Spain, Italy and the U.K. from...
...Tatsuo Yoshida, senior analyst at UBS Securities Japan, says, "Nissan is very shrewd leveraging politicians and political power." Nowadays, many local and regional politicians jump at the chance to be perceived as sensitive to environmental concerns and so are eager to partner with Nissan. "They want an EV-assembly site or a battery-assembly site as an icon," says Yoshida. "So the motivation of the politicians and the motivation of Nissan matches. It's very clever." (Watch TIME's video about charging your electric car for 60 cents...
...Another smart move for Nissan is what Richter calls the "batteries not included" approach. The lithium-ion batteries that power the Leaf are expensive - about $10,000 per car - so Nissan is leasing battery packs to buyers rather than selling them with the EV, reducing the sticker price...