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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

And the first plug-in cars mass-produced in the USA in a century will go on sale this fall. We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program. Right now, buyers of new plug-in cars get up to $7,500 in tax credits. Meanwhile, we all still need to drive all the time.

Oil 252
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Report: Dealers Worried About Getting EV Refunds From the Government

The Truth About Cars

Nobody likes bureaucratic red tape or waiting on payment and this seems to have become a sticking point for retailers nervously waiting to see how the United States’ updated EV tax credit scheme plays out. Car dealers are asset rich and cash poor. There was no longer any limit to the length of time the industry could benefit.