Zero's electric motorcycles quality for stimulus tax credits
As part of the sweeping changes being made through various pieces of legislation floating through the U.S. Senate and Congress, fully electric and plug-in hybrid vehicles will soon be eligible for tax credits, including those with two or three wheels. One benefactor to this legislation is Zero Motorcycles, a company that already has one electric off-road motorcycle on the market and has plans to introduce a new road-going version this spring. That new model, known as the Zero S Supermoto, will be eligible for a 10 percent tax credit under the new plan.Also included in the recently passed Stimulus Bill is funding of $2 billion for advanced battery technologies, and Zero is understandably pleased about this development as well. According to Neal Saiki, inventor and founder of Zero Motorcycles, "The fledgling electric motorcycle industry is rapidly responding to our country's need for affordable and environmentally responsible transportation. We're pretty excited to combine our passion for motorcycles with something that benefits everyone." All of Zero's electric motorcycles are equipped with advanced lithium ion battery packs.
[Source: Zero Motorcycles]
PRESS RELEASE:
Zero Motorcycles Helps Deliver Tax Credits for Electric Motorcycles
Electric Motorcycles Now Eligible for 10% Federal Tax Credit
SANTA CRUZ, Calif., Feb. 19 /PRNewswire/ -- Zero Motorcycles, the leading electric motorcycle manufacturer, today announced the company's upcoming line of street legal electric motorcycles will be eligible for the just passed 10% Federal tax credit for plug-in vehicles. This announcement comes just prior to Zero Motorcycles' official launch of its all-new Zero S Supermoto Street Bike.
Zero Motorcycles took the lead in working with Plug-In America and a coalition of other electric motorcycle companies to ensure the plug-in tax credit would be expanded to include all plug-in motorcycles. Standing together with companies coast to coast, the coalition rallied Congress to take action and expand green jobs in this exciting new industry. Zero customers and fans weighed in as well, sending thousands of letters to Congress in support of the expanded plug-in tax credits.
"Tax credits for electric motorcycles are not only an effective way to create jobs, but they are also an investment in green technology. We think that America can and should lead the world in green technology," said Neal Saiki, inventor and founder of Zero Motorcycles. "The fledgling electric motorcycle industry is rapidly responding to our country's need for affordable and environmentally responsible transportation. We're pretty excited to combine our passion for motorcycles with something that benefits everyone."
The stimulus legislation also provides for almost two billion dollars in advanced battery manufacturing funding. This will help revolutionize the American battery industry and assist Zero's efforts to build better and more powerful lithium-ion power packs.
Zero Motorcycles is the next step in motorcycle evolution and represents the ultimate electric motorcycle technology. Unencumbered by conventional thinking about how we design, manufacture, and sell high performance electric motorcycles, we're on a mission to turn heads and revolutionize our industry by combining the best aspects of a traditional motorcycle, with today's most advanced technology. The result is an electric motorcycle line that's insanely fast, and environmentally friendly.
You can find out more about the Zero X and general information on Zero Motorcycle's website, http://www.zeromotorcycles.com.
Reader Comments (Page 1 of 1)
jharlan 12:39PM (2/20/2009)
These Santa Cruz boys have got something here. They are producing very cool bikes.
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GoodCheer 1:28PM (2/20/2009)
I got a change to meet a couple of these guys at an event in DC. While I'm not really into offroad riding (even if it is silent and clean), I have to say they seemed really honest and straight-forward about what they were trying to do, and they had some really elegant engineering solutions.
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jpm 3:36PM (2/20/2009)
Looking forward to a render that's closer to reality. Their dirt bike was sleek/simple. Let's see if they can pull it off with the MC. We don't need any fancy BS, just a normal looking MC with good acceleration, priced decently. Do that and they'll get my $.
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David Steiner 10:02AM (2/21/2009)
True innovators! I really hope that these guys succeed.
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