18 Jun 2013:
Low-Cost Deals and Incentives
Drive Record Sales of Electric Cars
After years of sluggish sales, the market for electric vehicles has surged in recent months in response to an escalating price war among automakers
that has helped reduce the high up-front costs that have slowed the emerging EV sector. Since Nissan reduced the price of its electric Leaf by $6,400 to $19,000 earlier this year — a move that tripled sales of the car compared with the same time period last year — competitors such as Chevy, Fiat, Mitsubishi, Honda, and Toyota have responded with similar low-cost deals and buyer incentives, Time
magazine reports. Within days of cutting the lease price for its Fit EV from $389 per month to $259 per month, Honda dealerships in California sold every model of the EV, forcing the automaker to apologize to customers who were then placed on a waiting list. After seeing no growth in sales for its electric Volt in recent months, Chevy last week offered a $5,000 cash back incentive. But while the price war is driving EV sales and boosting consumer interest in the emerging green technologies, it remains unclear whether it will be good for business in the long term. Chrysler, which owns Fiat, reported earlier this year
that the company loses $10,000 for each Fiat 500e EV it sells.
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A look at how acidifying oceans could threaten the Dungeness crab, one of the most valuable fisheries on the U.S. West Coast. Watch the video.
is now available for mobile devices at e360.yale.edu/mobile
An aerial view of why Europe’s per capita carbon emissions are less than 50 percent of those in the U.S. View the photos.
An indigenous tribe’s deadly fight to save its ancestral land in the Amazon rainforest from logging. Learn more.
video series looks at the staggering amount of food wasted in the U.S. – a problem with major human and environmental costs. Watch the video.
Residents of the Chocó Rainforest in Ecuador are choosing to plant cacao over logging in an effort to slow deforestation.
Watch the video.
Tribal people and ranchers join together to stop a project that would haul coal across their Montana land. Watch the video.