Remove Cash For Clunkers Remove Financing Remove Motors Remove Tax
article thumbnail

Cash for Volts?

Revenge of the Electric Car

More details at: Group Seeks US Tax Credits To Spur Electric Car Use. 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. UPDATE:Group Seeks US Tax Credits To Spur Electric Car Use. by Judith Burns for Dow Jones. By Judith Burns.

Volt 100
article thumbnail

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

Green Car Congress

As batteries get cheaper and smaller, and motors get light enough to fit inside wheels, we’ll be able to upgrade smaller cars. Retrofitters can partner with energy service companies to finance those costs, backed by federal loan guarantees. Right now, buyers of new plug-in cars get up to $7,500 in tax credits.

Oil 252
article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

In Germany, statistics from the Federal Motor Transport Authority reveal that total car registrations in March fell by 38% while fully electric cars actually grew by 56% and hybrids by 208%. In Italy, data from the Italian Foreign Car Maker Association highlights that car registration for gas and diesel-powered vehicles fell by 97.5%

Economy 52