Electric car market owes its success to lavish tax breaks The Globe and Mail

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That’s five times more PSA Peugeot Citroen, Europe’s biggest auto maker, and than double that of the Italian auto giant controls Chrysler. Not bad for a company made only 5,500 in the last quarter.

But if you’re a or reading the rest of the news electric vehicles (EVs), you realize the story is about a going into reverse. The success in Norway is a direct of the lavish tax breaks and perks to its buyers. Tesla’s success is due in large part to the taxpayer, there is no doubt the cars are marvels.

They are sleek, high-performance that can go a long way before the drain.

The overall EV market can be described as a flop. In relative the electric car was far more popular at the part of the last century, more than a third of all the on American roads ran on batteries rest were powered by or gasoline). Today, their share is insignificant in spite of the of dollars of RD and marketing thrown at the Take France. In the first months of this year, electric cars were

While that’s up 45 per cent over year, their share was only 0.5 per cent. In the EV numbers are equally uninspiring. In the government introduced a purchase of £5,000 for plug-in EVs.

Since then, a grand of 3,600 cars have purchased through the scheme.

Ghosn, CEO of Renault-Nissan, can only that Norway’s enthusiasm for EVs catch on elsewhere. In truth, the the first mass-produced family EV, is going nowhere fast. this month, he told the Times that the company had to sell 1.5 million EVs by the end of 2016. “At the right now, I’m seeing it or five years later,” he “I don’t think the main today is the cost of the car. The issue is infrastructure … I would not buy a car if there were not gasoline

Renault-Nissan isn’t the only car whose EV plans are fizzling. The Volt, a plug-in EV that a gasoline generator as a backup, was to be a Toyota Prius killer. But its have been so slow, in of a fat $7,500 (U.S.) federal awarded to each buyer, production was temporarily suspended year. Fisker Automotive, a Tesla rival, has not produced any of its plug-in hybrids in more a year. Its flop left the

Energy Department on the hook for (U.S.) in “green” loans. Holdings of California, another EV company, went bankrupt in the after selling only 100

Some revolution.

Drivers want electric cars. are too expensive and their ranges are too Cities and highways lack the to charge EVs.

Even if you can recharging stations, you better there is a cinema or restaurant so you can kill a couple of hours the batteries get juiced up. Oil prices, still at the low triple-digit level, affordable. The new generation of diesel are so fuel efficient that EVs are their allure.

The alleged EV success stories – and the Nissan Leaf in Norway and a few markets – would probably be kill without taxpayer-funded and other delights. In Norway, EVs are from the 25-per-cent value-added Their owners do not have to pay taxes or road tolls.

get free parking and free use of points. Best of all, EV get to use the unclogged bus lanes. For city-only there is no better choice a Leaf.

The surprise is not that Norway’s top-selling sedan; that Nissan isn’t 10 times as many there.

Tesla makes the Leaf like a piker at the taxpayer The company got a cheapie $465-million from the Department of Energy repaid). According to the Washington it also nailed $68-million a state of California program for vehicles, plus $20-million in from the California Energy

Its cars also qualify for the tax credit.

Tesla’s successful public marketing and the massive it created for the company’s founder, Musk, would have difficult, perhaps impossible, the government backing.

Tesla are expensive: Its main car, the S, starts at $70,000. They are by rich and famous, such as Clooney, who didn’t like his Roadster (He told Esquire “I’ve been on the side of the a while in that thing,” launching into an obscenity). makes a gorgeous product, but the model – transferring taxpayer to the wealthy, in effect – is not pretty.

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