This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Empire State Of Drive: Ford C-MAX Energi Plug-in Hybrid Qualifies For New York Carpool Lane Access

Stocks in this article: F

"C-MAX Energi is America's most affordable plug-in hybrid and offers a top electric-only speed of up to 85 mph," said C.J. O'Donnell, group marketing manager for electrification. "Others clearly appreciate the environmental benefit, too, which is why we are seeing programs like Clean Pass embrace Ford's electrified lineup."

Clean Pass is a multi-agency pilot program partnering three New York state agencies – the State Department of Transportation, the State Department of Motor Vehicles and the State Department of Environmental Conservation.

Programs such as Clean Pass are growing in number to encourage the use of vehicles that produce fewer emissions and use less gas. They range from the $3,750 federal tax credit owners may receive for buying C-MAX Energi to a program in Ferndale, Mich., where drivers of hybrids that get 30 mpg or better in city driving are allowed to park for free at city parking meters. Other states offering lane driving privileges for hybrid vehicle owners include Florida, Georgia, New Jersey, Tennessee, Utah, Virginia and West Virginia.

Access to HOV lanes is more important than ever as commuters spend more time on the roads. A recent study from New York University's Rudin Center for Transportation Policy and Management shows today's commuters are on the road longer than ever before, and the number of people who commute more than 90 miles to work has doubled over the past 10 years.

"More and more organizations seem to be recognizing the potential positive impact of having electrified vehicles account for as much of that drive time as possible," said Curt Skaluba, general manager of Ford's east market area, parts, service and sales operation.

C-MAX Energi is able to drive up to 21 miles in all-electric range – more than triple Toyota Prius Plug-in hybrid's six-mile all-electric range.

2 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,191.37 -195.84 -1.13%
S&P 500 2,002.16 -27.39 -1.35%
NASDAQ 4,637.9940 -43.5030 -0.93%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs