Categories

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

USA: Three federal electric vehicle incentives expiring at end of 2011

2011 may have been the first full year that multiple mainstream plug-in vehicles were available in the U.S., but it will also be remembered – most likely – as the year when the U.S. federal government was offering the most money to plug-in vehicle buyers (based on the number and types of incentives offered, not in total funds spent). As of the end of 2011 – i.e., three short days from now – three incentives will go the way of an ethanol subsidy. A fourth – arguably the most important one – will remain on the books.

The three federal electric vehicle tax credits that are set to expire are the $1,000 (maximum) to install a home charging station, the $2,500 (max) for two- or three-wheeled EV that have 2.5-kWh batteries or larger and the $4,000 (max) for converting either a hybrid to plug-in or a regular ICE to EV power. The big tax credit that’s sticking around is the $7,500 (max, depending on the size of the battery) for buying a new plug-in vehicle. This credit is set to phase out on a manufacturer-by-manufacturer basis once an automaker sells 200,000 plug-in cars. That could take a while, if the credit is left alone. Plug In America’s legislative director, Jay Friedland, thinks this may not be so easy. In a recent email to PIA supporters, he wrote
More autoblog.com

Share

2 comments to USA: Three federal electric vehicle incentives expiring at end of 2011

Leave a Reply