article thumbnail

After Tesla's federal tax credits expire, which electric car would you buy?

Green Car Reports

Last week, we reported that Tesla is close to reaching the end of its allocation of federal tax credits for those who buy its cars. The credits amount to a $7,500 discount for most buyers. The credits were passed after the 2007 federal Energy Independence and Security Act to promote the sale of electric cars.

article thumbnail

What effect will lower tax credits on Tesla and GM plug-ins have? Twitter poll results

Green Car Reports

For a bunch of electric-car owning acolytes, our readers are surprisingly sanguine about the reduction and eventual expiration of plug-in tax credits on electric-car sales. We've reported extensively on the expiring tax credits, which will affect models from Tesla and GM in 2019.

article thumbnail

Plug-in Hybrid Bills in Congress Scare Auto Makers

Plugs and Cars

Legislation proposed in the Senate by Senators Obama, Hatch and Cantwell to offer tax credits to convert hybrids to plug-ins now has its counterpart in Congressman Ed Markey's House bill. Tags: rechargeit.org obama edrive hymotion ed markey electric car plug-in partners plug-in hybrid hatch cantwell hybridsplus.

Plug-in 100
article thumbnail

60% of $18B in US clean energy tax credits 2006-2012 went to top 20% by income; 90% in the plug-in program

Green Car Congress

A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Electric Vehicle Credit. Average credit per tax return, by income level. billion (19.3%).

article thumbnail

Partner Update and Announcement

Plug In Partners

Although consumer tax credits for PHEVs enjoyed bipartisan support in both houses of Congress, concerns over other tax portions of the energy bill resulted in the entire tax package being removed from the original bill. The bill, HR 5351 includes a credit for plug-in hybrid electric vehicles. The bill (H.R.

article thumbnail

NYC Goes EV

Revenge of the Electric Car

This Tesla is one of a number of electric cars coming on the market. Will Electric Cars Give New York a Charge? Will Electric Cars Give New York a Charge? This Tesla is one of a number of electric cars coming on the market. Electric Options. by Lars Vercelli for the Gotham Gazette.

article thumbnail

Tennessee, Nissan and TVA forge a path for electric car | www.tennessean.com | The Tennessean

Tony Karrer Delicious EVdriven

Tennessee, Nissan and TVA forge a path for electric car By G. Phil Bredesen spent part of Earth Day last week test-driving a Nissan prototype all-electric vehicle at the automakers U.S. Coming to public in 12 Nissans first electric car is to go into corporate and government fleets beginning in late 2010.