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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain.

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Nissan Sets US MSRP for 2011 LEAF EV at $32,780; As Low as $25,280 with Federal Tax Credit

Green Car Congress

(NNA) set the US MSRP for the 2011 Nissan LEAF electric vehicle, which becomes available for purchase or lease at Nissan dealers in select markets in December and nationwide in 2011, at $32,780. Charging dock and installation are eligible for a 50 percent federal tax credit up to $2,000.

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BMW ActiveHybrid 7 Qualifies For $900 US Federal Tax Credit

Green Car Congress

The US Internal Revenue Service certified that the BMW ActiveHybrid 7 ( earlier post ) qualifies for up to a $900 tax credit under the Alternative Motor Vehicle provision. The first 2011 BMW ActiveHybrid 7s have begun arriving at US BMW centers. Earlier post.). The ActiveHybrid 7 combines an electric motor with BMW’s 4.4-liter

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2011 Hyundai Sonata Hybrid Tax Credit: $1,300, One Month Only!

Green Car Reports

Like us, you may eagerly have been awaiting the arrival of the 2011 Hyundai Sonata Hybrid. One of the reasons may be the tax credit for purchase of a hybrid vehicle that you can claim when you file your taxes. The 2011 Sonata Hybrid will qualify you for a credit of $1,300.

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President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award

Green Car Congress

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. The 183 projects in 43 states include several for the manufacturing of advanced batteries; biomass projects; and vehicles. President Obama announced the award of $2.3 Aerovironment, Inc. 300,000.

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EIA: US consumption of alt fuels up 13% in 2011; E85 second behind natural gas; medium-duty vans had greater impact than LDVs

Green Car Congress

Consumption of alternative fuels by vehicle type, 2011. In alternative-fueled vehicles, consumption of ethanol (E85) increased 52% from the prior year’s consumption, an increase from 90,323 thousand gasoline-equivalent gallons in 2010 to 137,165 thousand gasoline-equivalent gallons in 2011. Replacement fuels—i.e.,

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2011 BMW ActiveHybrid 7 Qualifies For $900 Tax credit

Green Car Reports

The all-new 2011 BMW ActiveHybrid 7 is currently rolling into dealerships across the country and potential customers will be happy to know that they will be entitled to a $900 tax credit under the Internal Revenue Service's Alternative Motor Vehicle provision.