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plug-in tax credit


Breaking: Senate passes PHEV legislation

Jeep EV The Senate has approved a sweeping energy bill that includes a provision for a rather substantial tax credit for plug-in hybrids. Of course, the bill still needs to make it through the House, so there's no reason for PHEV proponents to get too excited just yet. The tax credits have a range of $2,500 to $7,500 and the actual dollar amount depends on the available capacity of the vehicle's battery. We are still waiting for all the details, as these things tend to be hugely complicated, but early indications are that the Volt from GM ... Read more →

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