article thumbnail

These 5 Plugin Vehicle Models Would Benefit Most From Proposed US EV Tax Credit Update (Chart)

CleanTechnica EVs

As we reported recently, there’s a big cleantech bill moving through the US Congress that would revive, extend, and expand the zero-emission vehicle tax credit in various ways.

article thumbnail

Fisker Lands Additional $85M for Karma Plug-in

Green Car Congress

has entered into definitive agreements to receive an additional $85 million in venture capital funding for the development and manufacturing of its Karma plug-in hybrid automobiles. Early production vehicles of the 2010 Fisker Karma are slated to come off the assembly line late this year. Fisker Automotive, Inc.

Karma 150
article thumbnail

2011 Fisker Karma Countdown: Visits to Dealers, Not Reviewers

Green Car Reports

The 2011 Fisker Karma will be the world's first plug-in hybrid luxury sports sedan. At a price of $87,400 before tax credits, it's not surprising that the company wants to get the car exactly right before exposing it to the glare of publicity.

Karma 85
article thumbnail

DOE Announces $528.7M Conditional Loan for Fisker Automotive for PHEVs

Green Car Congress

million conditional loan to Fisker Automotive for the development of two lines of plug-in hybrids—the Karma and the new Project Nina vehicle—by 2016. million ATVM loan for engineering integration costs as it works with primarily US suppliers to complete the company’s first vehicle, the Fisker Karma. Earlier post.)

Fisker 199
article thumbnail

Fixing the Federal EV Tax Credit Flaws: Redesigning the Vehicle Credit Formula

EV Adoption

The Qualified Plug-In Electric Drive Motor Vehicles (IRC 30D) tax credit – commonly referred to as the “Federal EV tax credit” has a number of flaws, but one of the biggest is the poorly-designed formula that determines the amount of the tax credit available for each BEV and PHEV sold in the US.

article thumbnail

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

Conventional hybrid electric vehicles (HEVs) have been on sale in the US for more than ten years; new vehicle hybrid sales in 2010 were approximately 2.5%. Fisker Karma EREV. Current federal government policies, investments, research and development, and demonstration efforts supporting the deployment of EVs. Fisker Nina EREV.

2015 210
article thumbnail

Nissan Leaf – Taking Reservations

Revenge of the Electric Car

After a federal tax credit and state rebate, the price of these cars will come out at around a cool 20k. The Leaf is just the first of several all-electric and plug-in hybrid vehicles about to come on the market. Others include the Fisker Karma, the Aptera 2e, the Coda sedan, Chevy’s Volt and Tesla’s Model S.

Nissan 160