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Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US. miles of EPA range per kWh.

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Chrysler's first electric car to be two-seat sports car - Apr. 15, 2009

Tony Karrer Delicious EVdriven

Chryslers first electric car, set to be introduced late next year around the same time as General Motors Chevrolet Volt, will be a sports car with a zero-to-60 time of under five seconds and a top speed of 120 miles per hour. "This vehicle is so light it doesnt even require power steering," said Chrysler spokesman Nick Cappa.

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Is green to blame for problems in auto industry?

Green Cars News

Most green car enthusiasts would claim that it was General Motors’ and Chrysler’s lack of foresight in embracing green cars and alternative fuel technologies that led to their downfall. He points out that California tried fuel cell buses in 2005 and they cost $3million each compared to $328,000 each for diesel buses.

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Plug In America Challenges Obama Auto Task Force Conclusion on GM Volt, Proposes Reduction in Warranty Terms to Reduce Manufacturer Cost

Green Car Congress

California law requires that the Volt and other plug-in hybrids come with a 10-year warranty. To support early deployment, California should relax the warranty requirement for cars like the Volt to five years, phasing to 10 years over time. Moreover, several states are implementing additional tax credits of up to $5,000 per vehicle.

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Dodge Circuit EV First Drive: electric car makes grand promises on Earth Day

Tony Karrer Delicious EVdriven

Subscribe Green News Events Manufacturers Region New Cars Used Cars Filed under: EV/Plug-in , Chrysler , Dodge , AutoblogGreen Exclusive , SAE World Congress Dodge Circuit EV First Drive: electric car makes grand promises on Earth Day by Sebastian Blanco on Apr 22nd 2009 at 7:48PM Two months ago we went for a ride in the Dodge Circuit EV.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

For electric vehicles, the BBBA includes multiple proposed changes to IRC 30D, more commonly knows as the federal EV tax credit. Perhaps the mostly likely is the requirement for EVs to be assembled in the US in a union factory to qualify for an additional $4,500 tax credit. Tax Credit Becomes Refundable. More on this below.

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How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Daimler/Mercedes Took over Daimler/Chrysler Sprinter PHEV program. Small long-term evaluation program, including modeling of vehicle-to-grid building benefits and economics, begun with Southern California Edison, joined by EPRI, other utilities, US DOE. Showed BlueZERO E-CELL PLUS series PHEV concept in December 08.

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