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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

General Motors Corp., Toyota Motor Corp. and startups Tesla Motors Inc. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. We will have packages that will be verycompetitive at that time.”

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Coming Soon – The Electric City

Revenge of the Electric Car

Around the same time, General Motors will introduce the Chevrolet Volt, a vehicle able to go 40 miles on electricity before its small gasoline engine kicks in. Price and tax incentives need to be worked out. Battery-powered motors are more efficient than gasoline engines. Sperling said.