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Chrysler makes more than just EVs. They need the credits from their own EVs for them selves otherwise they would have to buy even more from Tesla. David D. Nelson http://evalbum.com/1328 http://www.levforum.com Sent from my Nokia Lumia 920 Windows Phone 8 From: Martin WINLOW Sent: =E2=80=8E5/=E2=80=8E12/=E2=80=8E2013 2:28 To: Electric Vehicle Discussion List Subject: Re: [EVDL] EVLN: Tesla drives California environmental credits to the bank What's stopping Chrysler getting the same payout as T for its EVs? MW On 10 May 2013, at 12:38, brucedp5 wrote: >=20 > Tesla Cashing in on $250 million of California Environmental Credits >=20 > http://articles.latimes.com/2013/may/05/business/la-fi-electric-cars-2013= 0506 > [image] Tesla drives California environmental credits to the bank > By Jerry Hirsch May 05 2013 >=20 > ... > In its zeal to push electric cars into the market, the state has created = a > system in which Tesla can make as much as $35,000 extra on each sale of i= ts > luxury Model S electric sports sedans. That's because the Palo Alto compa= ny > qualifies for coveted state environmental credits that it can turn into > cash. >=20 >=20 ... > Take the case of Chrysler Group. Its Fiat brand is about to release the > electric version of the subcompact Fiat 500. Even with the help of > subsidies, Chrysler will lose about $10,000 on every sale of the $32,000 > car. >=20 > In a speech to automotive engineers last month in Detroit, Chrysler Chief > Executive Sergio Marchionne called the transactions "masochism to the > extreme." >=20 > "I believe that we could continue to explore the potential of electricity= , > but without being strong-armed by regulators," he said. >=20 >=20 _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/gr= oup/NEDRA) _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org For EV drag racing discussion, please use NEDRA (http://groups.yahoo.com/group/NEDRA)
