article thumbnail

Cash for Volts?

Revenge of the Electric Car

to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. WASHINGTON -(Dow Jones)- Move over, cash for clunkers. Despite a high upfront cost, operating an electric vehicle is cheap, costing 2.5 by Judith Burns for Dow Jones.

Volt 100
article thumbnail

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

Green Car Congress

And oil only seems cheap. Since our cars and trucks use almost two-thirds of the oil we buy, the quickest way to cut oil use is to free transportation from its grip. We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program. But let’s realize: defending our nation is never cheap.

Oil 252