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Tennessee, Nissan and TVA forge a path for electric car | www.tennessean.com | The Tennessean

Tony Karrer Delicious EVdriven

Tennessee, Nissan and TVA forge a path for electric car By G. But as Nissan and other automakers gear up to produce electric cars, there are hurdles ahead for utilities such as the Tennessee Valley Authority , which is being called on to play a key role in developing fueling stations for the vehicles.

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Nissan’s Big Gamble

Revenge of the Electric Car

will sell a plug-in Toyota Prius after 2010, taking on the Chevrolet Volt, which goes on sale in November 2010. Battery-powered cars may be the wave of the future, but costs are high; the recharging infrastructure isn’t there, and hefty government subsidies are needed to make electric vehicles competitive. Mitsubishi Motors Corp.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

The current tax credit has a base of $2,500 and is replaced with a new $4,000 base credit as long as the EV has a battery of at least 10 kWh and can be plugged in and recharged. Of these five, the Toyota Prius Prime is the only one that sells in any significant volume. . $4,000 Base Tax Credit. Effective Date: Jan 1, 2022. kWh battery.