Remove 2010 Remove Hybrid Remove Plug-in Remove Tax Credit
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Ford prices C-MAX Energi plug-in hybrid at $29,995 after federal tax credit; expects conquest rate of about 50%

Green Car Congress

Its eligibility for a $3,750 federal tax credit drops that to $29,995. The base MSRP for the Prius Plug-in Hybrid is $32,000. The Prius Plug-in Hybrid Advanced will have an MSRP of $39,525. Both Prius Plug-in models qualify for a federal tax credit of $2,500.

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US plug-in hybrid sales hit a record high in 2023

Baua Electric

Plug-in hybrids reached record sales in 2023, with more than 250,000 vehicles sold, or about 20% of total plug-in vehicle sales, according to the Department of Energy. The combined market share of hybrids, plug-in hybrids, and EVs rose to 16.3% Plug-in vehicle sales by calendar year, 2010-2023 (via U.S.

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Proposed Federal EV Tax Credit Reform: Will It Move the Sales Needle?

EV Adoption

For electric vehicle observers, the legislation contains two key provisions: The first would extend the tax credit to automakers who already reached the current phaseout level of 200,000 EVs sold with another 400,000 vehicles, but with a reduction to $7,000 from the current maximum $7,500 credit. Chart Source: EV Volumes.

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New York State adjusts EV rebate program, adds $30M

Green Car Congress

An additional $30 million is now available through New York State’s Drive Clean Rebate program to encourage more consumers to lease or purchase an all-electric car or plug-in hybrid electric vehicle. Eligible vehicles under the Drive Clean Rebate include all-electric cars, plug-in hybrid electric cars, and fuel-cell-electric cars.

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Ford to Invest Additional $450M in Michigan for Hybrid and Plug-in Vehicle Production; Battery System Design and Development to Be In-House Core Competency

Green Car Congress

Ford Motor Company will invest an additional $450 million in its electric vehicle plan, paving the way to build its next-generation hybrid and plug-in hybrid vehicle vehicles in Michigan beginning in 2012. Ford has also announced it will produce hybrid transaxles at its Van Dyke Transmission facility in Sterling Heights, Mich.,

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Oregon incentives to shift from hybrids to plug-ins

Plugs and Cars

Oregon's House has passed a bill to end the $1500 tax credit for conventional hybrid vehicles on the last day of 2009. After that point only plug-in vehicles qualify. House Bill 2180 , which passed overwhelmingly, Creates specific tax credit for purchasers of plug-in hybrid electric vehicles and related equipment.

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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

It also finds that, while relying on subsidies for electric or hybrid vehicles is politically attractive, it is an extremely expensive and ineffective way to significantly reduce greenhouse gas emissions in the near term. CO 2 emissions from transportation sector by scenario in the study. Source: Morrow et al. Click to enlarge.