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Senate proposal would double PHEV tax credit to 500,000 units

Late last year, the Senate passed legislation that called for big tax credits for plug-in hybrid vehicles. As it was originally written, the credits were dependent on the size of the car's battery pack and ranged from $2,500 to $7,500 – the Chevy Volt is the only production car currently announced that would get the full credit – and only the first 250,000 PHEVs sold, regardless of manufacturer, would qualify. Now, though, the U.S. Senate Finance Committee is revisiting this legislation and a proposal is currently on the table that ... Read more →

Toyota unhappy with current PHEV legislation Jeremy Korzeniewski

Now is the time that automakers can get in touch with the Feds and let them know what they have in store for the U.S. market. General Motors has taken the unusual approach of being extremely ...

Senate proposal would double PHEV tax credit to 500,000 units 9 months ago on Autoblog Green

Late last year, the Senate passed legislation that called for big tax credits for plug-in hybrid vehicles. As it was originally written, the credits were dependent on the size of the car's battery pack and ranged from $2,500 to $7,500 – the Chevy Volt is the only production car currently ...

Toyota unhappy with current PHEV legislation 1 year ago on Autoblog Green

Now is the time that automakers can get in touch with the Feds and let them know what they have in store for the U.S. market. General Motors has taken the unusual approach of being extremely transparent with the development of its Volt, which is either an extended-range electric-vehicle or a PHEV, ...


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