Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program
Green Car Congress
FEBRUARY 13, 2009
The Senate version made substantial changes, expanding the type of vehicles qualifying for a credit, adding a credit for PHEV conversions, and doubling the 250,000 vehicle limitation to 500,000. Provisions include: A maximum credit of $2,500 is available for electric drive low-speed vehicles, motorcycles and three-wheeled vehicles.
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