Nissan not shuttering Leaf EV battery plants, at least not yet By

The big news on the electric vehicle front today is that Nissan is considering slowing down EV battery production in the US and UK and source all of Nissan's big packs come from Japan.

This incredible Mercedes V12 sculpture is built from bone, wood and fossils

We've seen some impressive automotive replicas, but this one definitely takes the prize as the most unique yet.

1967 Toyota 2000GT Solar Electric Vehicle

You may have packed James Bond's cars with plenty of killer tech (get it?), but the 1967 Toyota 2000GT you see above has got it's own bad boy secrets.

Ford Mondeo Titanium X Sport

The Ford Mondeo range of cars offers the best in style, appearance and performance on the roads without compromising on quality or safety.

Corvette Z06 tops Motor Trend list of shortest-stopping vehicles

Any modern performance car worth buying puts just as much emphasis on stopping as it does on going

Monday, December 6, 2010

How The Gas Tax Is Under Threat From Green Vehicles

by Paul Eisenstein

Live in the right part of California and work for the right company and you might be able to buy the new Nissan Leaf for as little as $12,500, as Autoblog has reported, due to the raft of incentives that are available for buyers of the little battery car and other high-mileage, low-emission products.

In recent years, lawmakers have been racing to come up with incentives designed to encourage motorists to migrate to clean, efficient vehicles. It's a clearly noble effort, but one that deserves a closer look in an era of fiscal restraint.

Several states are looking at a more direct form of taxation: a per-mile usage fee on battery-based vehicles.
The feds, and most states offering such incentives, have put caps on their zero-emission incentive programs, and most will vanish by mid-decade. But, ironically, if these programs do what they're intended to, the fiscal impact could be felt for years to come. It turns out that going green could plunge state and federal balance sheets into the red.

The short-term costs are already potentially significant. At the federal level, a $7,500 tax credit could drain billions of dollars a year out of the Treasury if major automakers come even close to their battery car sales targets by mid-decade.

Such cash incentives – along with other perks, such as access to California's HOV lanes – are designed to motivate the move to vehicles like the Leaf and the new Chevrolet Volt. Once momentum starts building, these givebacks can be phased out, proponents contend. But they're missing a big part of the picture.