article thumbnail

Prius Plug-In eligibile for a $1,500 California consumer incentive plus $2,500 Federal tax credit

Green Car Congress

announced that the 2012 Prius Plug-in has been approved for the State of California’s Clean Vehicle Rebate Program ( CVRP ). Designed to promote the use of Zero Emissions Vehicles (ZEV) and related clean vehicle technologies, the CVRP is a consumer incentive made available in addition to a $2,500 Federal Tax credit.

article thumbnail

EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Total US sales of plug-in electric vehicles (PEVs)—battery electric and plug-in hybrid electric—have increased in recent years, but still represent only about 0.7% Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. of new vehicle sales in 2014 so far, up from 0.6% in 2013 and 0.4%

Plug-in 381
article thumbnail

Obama 2012 Budget Proposes Higher Tax Credit For Plug-In Cars

Green Car Reports

The budget also suggested that the tax credit for. Two days ago, President Barack Obama released his proposed U.S. government budget for the fiscal year starting in October.

article thumbnail

Researchers call for major change in US policies supporting plug-ins; failure of “mainstream consumer bias”

Green Car Congress

Although sales of plug-in vehicles (plug-in hybrid-electric and battery-electric vehicles, collectively PEVs) in the US climbed more than 80% in 2013 to more than 96,000 units (Tesla has not yet released its final figures) from 52,835 units in 2012 EDTA ), the 2013 results still reflect a meagre new light-duty vehicle market share of ~0.6%

Plug-in 271
article thumbnail

Toyota reduces pricing on 2014 Prius Plug-In in US

Green Car Congress

Toyota has reduced the MSRP on the 2014 Prius Plug-in Hybrid by more than $2,000, making the starting MSRP $29,990 (excluding dealer preparation and handling, DPH). This price repositioning on the base Prius Plug-in Hybrid is not accompanied by any reduction in vehicle content. kWh Li-ion battery pack.

Prius 210
article thumbnail

2012 Toyota Prius Plug-In, 2012 Prius V: Pricing, New Details

Green Car Reports

Toyota has announced pricing on two new models from its Prius family: the 2012 Toyota Prius Plug-In and the 2012 Toyota Prius V. And it's clarified that both of these vehicles, classified as new models, qualify for a fresh federal tax credit of $2,500.

Prius 104
article thumbnail

Researchers suggest subsidies and policies targeting plug-ins with small battery packs would produce more benefits at lower cost

Green Car Congress

Federal subsidies and policies to encourage plug-in vehicle adoption would produce more benefits at lower cost by targeting the purchase of vehicles with small battery packs, according to Jeremy J. Current federal policy is weighted toward plug-in with larger battery packs. The Toyota Prius Plug-in Hybrid with a 4.4

Plug-in 319