Electric cars surge into city

WITH diesel is now £1.50 a litre, and petrol not far behind, drivers are starting to take the electric car market a lot more sericously –which is good because there are three new electric vehicles about to appear on the city’s streets, writes Mike Scialom.

This week saw the UK launch of the Renault Twizy, which will be on sale at Cambridge’s Newmarket Road-based Renault dealership, Wests, “before the end of the month”, according to a spokesman for the firm.

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Drive to increase electric vehicle numbers

A drive to get more electric cars on the roads has been launched by the Scottish Government.

Transport Minister Keith Brown announced the move, which will see government body Transport Scotland link up with car manufacturers, power companies, local councils and environmental charity WWF Scotland to promote the vehicles.

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President Obama Launches EV Everywhere Challenge

At an event today at the Daimler Truck factory in Mt. Holly, N.C., President Obama launched EV-Everywhere, the second in a series of Energy Department “Clean Energy Grand Challenges” aimed at addressing the most pressing energy challenges of our time. The EV Everywhere Challenge will bring together America’s best and brightest scientists, engineers, and businesses to work collaboratively to make electric vehicles more affordable and convenient to own and drive than today’s gasoline-powered vehicles within the next 10 years.

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The Eastbound Edition

In which we bring you motoring news from around the Web:

• Volvo is expected next month to announce a joint partnership with its owner, the Chinese manufacturer Geely, to build cars for the Chinese market. Though Geely holds a majority stake in the Swedish automaker, Volvo must partner with a local manufacturer to legally produce and market its cars in China. If approved, the joint venture would base its operations in Chengdu, located in China’s southwest. (Bloomberg)

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2013 Budget Would Increase Alternative-Powertrain Tax Credit to $10,000

The budget introduced Monday by President Obama for the 2013 fiscal year included a provision (PDF) of particular interest to sellers and potential buyers of alternative-powertrain vehicles.

If the provision were preserved, it would increase the current maximum federal income tax credit for certain plug-in vehicles from $7,500 to as much as $10,000. The credit would no longer be claimed by the consumer, but by the vehicle’s seller or financer, who could opt to give buyers a break at the time of sale by reducing the list price.

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