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0Official: Amp electric SUVs qualify for $7,500 tax credit, Jeep Grand Cherokee available for $49,900 1331668860
The all-electric SUV conversions from Amp – gas-free versions of the Mercedes-Benz ML and the Jeep Grand Cherokee – now qualify for the $7,500 federal tax credit from the IRS. Amp CEO Jim Taylor said in a statement that the announcement couldn't come at a better time. "Given the ...
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Report: UK includes electric delivery vans in rebate plan; Renault Kangoo ZE now eligible 1329914940
The UK's inclusion of battery-electric delivery vehicles in its alt-fuel rebate program makes Renault's Kangoo Van Z.E. eligible for the incentive, the French automaker said. With the new plug-in program providing a rebate of as much as 20 percent of a new EV's price, Kangoo Van Z.E. buyers may ...
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Report: Obama's proposed budget calls for upping plug-in vehicle tax credit to $10,000 1329333660
As a candidate, Barack Obama promised to try and get a million plug-in vehicles on U.S. roads by 2015. In his State of the Union address in 2011, he repeated that number and proposed turning the $7,500 tax credit into a point-of-purchase rebate. That hasn't yet happened, but in the President's ...
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Report: UK extends electric vehicle tax credit to 2015, adds utility vehicles 1327359240
The UK government has extended its tax credit for electric-vehicle buyers to 2015 and will now include electric vans in the generous incentive. UK electric-vehicle buyers will receive a credit for as much as 25 percent of the value of their new vehicle, up to 5,000 British pounds, or just under ...
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Right-wing Chevy Volt hate comes on strong; Bob Lutz strikes back hard 1304034480
Is there any car out there that draws more political fire than the Chevy Volt? Sure, people rag on the Nissan Leaf for its limited range and on a bunch of cars – the Murano CrossCabriolet, the Acura ZDX, the Juke – for their styling, but the Volt really seems to have a special ...
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Senate Democrat worries dealers might take unfair advantage of proposed plug-in vehicle tax credit-to-rebate switch 1303769400
Senate Democrat Max Baucus, the chairman of the finance committee, has scrutinized President Obama's proposal to convert the $7,500 tax credit for plug-in vehicles to a point-of-purchase rebate, according to Automotive News (sub. req.) and thinks there's a potential problem. In February, Obama ...
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DC 2011: Rep. Levin announces bill to raise plug-in vehicle tax credit cap to 500,000 1296071340
This'd be a sweet deal for automakers. At a kick-off event for the DC Auto Show today, Representative Sander Levin (D-Royal Oak, MI, pictured) said he will introduce a bill to increase the limit on how many plug-in vehicles an automaker can sell before the $7,500 (max) tax credit expires from ...
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Opinion: Why early electric vehicle adopters deserve tax credits 1293497640
Fox News recently crucified the first U.S. customer of Nissan's all electric Leaf, Bay Area resident Olivier Chalouhi, for receiving the benefit of a $7,500 federal tax credit towards the purchase of his new clean energy car. At one point, the host, Eric Bolling, asked: ""Why in the world are we ...
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Cayenne Hybrid is Porsche's first to qualify for $1,800 tax credit 1291842120
2011 Porsche Cayenne Hybrid – Click above for high-res image galleryWe're not sure if the average Porsche buyer really needs an $1,800 tax credit, nor if a vehicle that gets 20/24 miles per gallon city/hwy even really deserves said credit, but I'm sure future Cayenne owners of the world ... -
Hyundai Sonata Hybrid will qualify for $1,300 tax credit 1287057420
2011 Hyundai Sonata Hybrid – Click above for high-res image galleryHyundai has announced that its 2011 Sonata Hybrid will be eligible for a full $1,300 tax credit. The electrified mid-size sedan officially goes on sale later this year, and the company says that the first 60,000 buyers will ...
