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An $8,000 federal tax credit on qualifying hydrogen fuel-cell passenger vehicles has been extended through January 2022 though the latest economic stimulus bill passed by the U.S. The tax credit, called the Fuel Cell Motor Vehicle Tax Credit, had been due to expire at the end of the month.
Josh Hafenbrack posts this informative entry covering the status of Hasner’s Florida State electric car tax break on the SunSentinel.com. Read more of the article: Hasner’s electric car tax break gets boost. Hasner’s electric car tax break gets boost. Florida House Majority Leader Adam Hasner.
Josh Hafenbrack posts this informative entry covering the status of Hasner’s Florida State electric car tax break on the SunSentinel.com. Read more of the article: Hasner’s electric car tax break gets boost. Hasner’s electric car tax break gets boost. Tags: Inside Track EV Economics tax incentives legislation.
From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Or No Cars?
Car manufacturers: BMW AG, Daimler AG, Ford, General Motors LLC, Honda R&D, Hyundai Motor Company, Kia Motors Corporation, Nissan, Renault, Toyota Motor Corporation, Volkswagen. —“A portfolio of powertrains for Europe” Consortium members. Total Raffinage Marketing.
Mazda won’t be joining the push to extend the Fringe Benefits Tax (FBT) exemption for plug-in hybrid vehicles even as it expands its PHEV line-up in Australia. Combined with a 17.8kWh battery, the system’s single e-motor provides a claimed 76km pure EV running. If it’s [FBT exemption] available it’s great.
The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. Grant Thornton LLP is the US member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations.
In the US, Chrysler and General Motors fell into bankruptcy; while in Japan even its major automakers have been left reeling from significant profit falls. The vehicle firmly reinvents the image of an electric car as a slow and clunky motor – it has a range of 160 kilometres and can achieve speeds up to 140km/h.
Around the same time, General Motors will introduce the Chevrolet Volt, a vehicle able to go 40 miles on electricity before its small gasoline engine kicks in. Price and tax incentives need to be worked out. Battery-powered motors are more efficient than gasoline engines. Locations must be found for charging stations.
Policy (Update2) Share | Email | Print | A A A By Alan Ohnsman April 27 (Bloomberg) -- Honda Motor Co. , General Motors Corp., Toyota Motor Corp. and startups Tesla Motors Inc. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars.
However, the electric drive portion of the vehicles, including the motor, electronics and A123 System lithium ion battery pack is identical. Motor Trend Magazine has extensive coverage of all cars online including road tests, free videos, buying guides, etc. Apr 22, 2009 - Chrysler invented the minivan 25 years ago.
Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. Supporters of the car say that’s shortsighted. April 18, 2009 7:41 am Link I hope Kent B.
And in a true smart grid, electric cars will not only be able to draw on electricity to run their motors, they will also be able to do the reverse: send electricity stored in their batteries back into the grid when it is needed. The only question is a carbon TAX the kind of change Obama believes in. link] — Chris Dudley 13.
Seems like a perfect use for some stimulus money, don’t it? We’ve already got AB 811 in place to give us low interest loans for solar we can pay off as property tax assessments , but very few cities have the money to fund the program. And our homes are worth less now and nobody wants to lend us any more.
The Three Prongs of the “Green&# Energy Stimulus Pa. As part of the solution framework, the Israeli government will provide tax incentives to customers, Renault will supply the electric vehicles, and Project Better Place will construct and operate an Electric Recharge Grid across the entire country. SZ (1) 6753.T SZ (1) 6753.T
Written by Josie Garthwaite 9 Comments Posted March 31st, 2009 at 5:00 am in Automotive Before unveiling the concept version of its Model S sedan, an $57,400 electric car that Tesla Motors wants to build using loans from the Department of Energy, the startup said the Model S battery would be designed to handle rapid charging.
The treasure chest was cleverly disguised in the form of Federal stimulus money from the ARRA, the American Recovery and Reinvestment Act. But snatching victory from the jaws of defeat – like a last second Derek Fisher three pointer at the buzzer – as I discovered from Brian Gitt, is the infusion of ARRA stimulus money.
The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. Tax Credits for Plug-ins. Energy-Efficient Federal Motor Vehicle Fleet Procurement.
In Germany, statistics from the Federal Motor Transport Authority reveal that total car registrations in March fell by 38% while fully electric cars actually grew by 56% and hybrids by 208%. In Italy, data from the Italian Foreign Car Maker Association highlights that car registration for gas and diesel-powered vehicles fell by 97.5%
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