What's Driving Electric Vehicles
The growth of electric vehicles has largely been driven by government policy, financial incentives reducing the cost of purchase of EVs, tightened fuel-economy standards and regulations on the emission of local pollutants and low- and zero-emission vehicle mandates.
Central Hudson's Role
New York state has set forth some of the boldest clean energy policies in the nation with the goal of reducing carbon emissions and addressing climate change (see chart, right). In order to meet the state’s clean energy goals, the transportation sector must be part of the solution -- the transportation sector produces the highest emissions in New York. . About one-third of total emissions in New York are from gasoline and diesel-powered vehicles. Electrifying transportation offers the benefits of reduced greenhouse gas emissions, plus additional benefits for customers and communities such as increased energy efficiency, improved sustainability, energy security and lower vehicle operating costs.
New York state is striving for 800,000 vehicles by 2025.
In the United States
|According to the Edison Electric Institute and Institute for Electric Innovation, by 2030, U.S. electric vehicle sales will exceed 1 million per year.|
|More than 18 million passenger EVs will be on the road by 2030.|
|In order for the electric vehicle market to develop, millions of charging stations will be needed to support market growth.|
|More than 20 auto and motorcylce manufacturers offer all electric and hybrid options.|
Zero Emmission Vehicles (ZEV) Program
The Zero Emmission Vehicles Program's objective is to ensure that automakers research, develop, and market electric vehicles which generate fewer global warming emissions than gas-powered cars. The ZEV program assigns each automaker “ZEV credits.” Automakers are required to maintain ZEV credits equal to a set percentage of non-electric sales.
New York's ZEV standards require manufacturers to deliver ZEVs including:
- Battery Electric Vehicles (BEV)
- Fuel Cell Vehicles (FCV)
- Plug-in Hybrid Electric Vehicles (PHEV)
- Hybrid Electric Vehicles (HEV)
- Conventional vehicles with extremely low emissions
ZEVs provide an emission reduction benefit due to the absence of tailpipe emissions, while PHEV, HEV and low emission conventional vehicles enable the development and implementation of ZEV technologies. New York's greenhouse gas (GHG) standards are designed to reduce mobile source GHG emmissions including carbon dioxide, methane, nitrous oxide and motor vehicle air conditioning refrigerants.
ZEV and ZEV-enabling technologies are important to achieving and maintaining the long-term air quality of New York. Vehicles equipped with these technologies emit less smog forming and GHG pollutants than conventional vehicles, while providing similar performance, utility, and safety attributes. In addition to emission reduction benefits, ZEVs, PHEVs, and HEVs save consumers money through reduced operating expenses over the life of the vehicle, primarily through reduced fuel use.