Ford is now taking orders for electric vehicles. By 2011, the Ford Motor Company will start taking orders for the new Ford Focus EV. Beyond 2011, Ford will offer the popular Focus in a variety of affordable options including hybrid-electric (HEV), plug-in hybrid (PHEV), and battery electric-vehicle (EV).
The smart electric vehicle is symbiotic with the smart grid. The new freeway-speed electric vehicles will also be smart electric vehicles (SEV). They will be smart about using energy inside the vehicle so that it can go 100 miles between charges. The SEV will be smart about navigation options that consider your preferences. The smart gird will be used to encourage cost-effective off-peak charging.
Plug-in Hybrids (PHEV) and Battery Electric Vehicles (EV) are destined for success. Thousands of key players have converged at the Plug-in 2009 Conference in Long Beach, California. In the opening workshop they talked about giving the customer a pleasant, easy-to-use, no hassle, safe and cost effective experience. President Obama has challenged the industry to sell or lease 1,000,000 PHEV & EV by 2015.
President Obama announced 48 new advanced battery and electric drive projects that will receive $2.4 billion in funding under the American Recovery and Reinvestment Act. These projects, selected through a highly competitive process by the Department of Energy, will accelerate the development of U.S. manufacturing capacity for batteries and electric drive components as well as the deployment of electric drive vehicles, helping to establish American leadership in creating the next generation of advanced vehicles.
Car-sharing services are turning toward alternative-fuel vehicles as the technology improves and customers clamor to drive them.In San Luis Obispo, Calif., a service gets underway offering hourly rentals of electric, biodiesel, natural gas and ethanol-powered cars. In August, Baltimoreans will be able to rent a four-passenger electric car that can go 120 miles between battery charges.
Nissan will be the first to have thousands of affordable freeway speed electric vehicles on the highways. The new 2010 Nissan LEAF is a comfortable compact hatchback EV. The Nissan LEAF will build on Nissan’s hybrid-electric success with the Altima Hybrid, which is in currently in the #6 position for U.S. cars with the lowest greenhouse gas emissions.
Renewable energy for the first third of 2009 (i.e., January 1 – April 30) was six percent higher compared to the same time period in 2008. Moreover, in April 2009 alone, renewable energy sources accounted for 11.1 percent of domestic energy production and exceeded the amount contributed by nuclear power.
The transportation industry is beginning the biggest transformation since Henry Ford started making cars affordable for the mass market. Engines powered by petroleum fuels are being replaced with electric motors powered by renewable energy. A growing amount of goods movement is by rail and moving people by high-speed rail. A portfolio of companies that participate in these long-term trends comprise the portfolio of Invesco PowerShares Global Transportation.
Ford has returned to profitability, benefiting from increased market share which is the likely result of improved mileage. Ford earned almost $2.4 billion for the quarter, but it was the result of a large one-time gain associated with the debt reduction actions completed in April. In contrast with GM and Chrysler, Ford is the only U.S.-headquartered manufacturer with vehicles qualifying for the Clean Fleet Report Cars with the Lowest Greenhouse Gas Emissions. Both the Ford Fusion Hybrid and Ford Escape Hybrid are in the top 10 list.
Toyota will start volume manufacturing of the Plug-in Prius in 2012 according to Reuters. 2012 manufacturing of 20,000 to 30,000 Toyota Prius PHEV are expected. In 2012, Toyota will also start selling the less expensive 2-door FT-EV, a pure battery electric vehicle. In the U.S. in 2012 Toyota will face intense EV competition with Nissan, Ford, and dozens of innovative younger companies such as Tesla.