WASHINGTON -- The latest government fuel economy report says 2008-model cars and trucks sold in the United States will average 26.8 mpg, up only slightly from 26.6 mpg in 2007.
But one eye-popping number appears in the report: Tesla Motors, the upstart maker of an electric sports car, gets a 2008 corporate average fuel economy rating of 244 mpg. The federal CAFE standard for cars is 27.5 mpg.
The figures show government may have more work to do to compare fairly the energy and environmental impact of electric vehicles with those that use gasoline. But Tesla's CAFE number is more than a curiosity. It could mean cash.
Tesla Vice President Darryl Siry told Automotive News today the company is eager to sell its CAFE credits when trading begins. "It's all upside for us," he said.
[Source: Automotive News]
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