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

Tony Karrer Delicious EVdriven

Honda has yet to announce plans to sell one, citing highcosts for the lithium-ion batteries needed to power them andpoor range. “We Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. General Motors Corp., Toyota Motor Corp. and Nissan MotorCo.,

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