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Rechargeable Zinc-Air Battery Company Approved to Receive $6.8M in Loans and Tax Credits from the State of Oregon and City of Portland

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ReVolt Technology, LLC, a company that is developing rechargeable zinc-air batteries ( earlier post ), has been approved to receive a package of loans and tax credits from Oregon and Portland authorities totaling approximately $6.8 ReVolt says that the $6.8

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Zinc-Air Battery Company ReVolt Applying for $30M in Recovery Act Funds; Targeting EV Applications

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ReVolt, based in Stäfa, Switzerland, has selected Portland, Oregon as the location for its US headquarters and manufacturing center. By locating in Oregon, the company will be eligible, and intends to apply for, Business Energy Tax Credits from the Oregon Department of Energy for battery research and production.

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8 ZEV states announce US ZEV sales top 260,000 units

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The other seven states—Connecticut, Maryland, Massachusetts, New York, Oregon, Rhode Island and Vermont—account for more than 135,000 vehicles. Since signing the MOU, Massachusetts has launched two new financial incentive programs to spur sales of ZEVs and installation of recharging stations. million by 2025.

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Chevrolet cuts price on Spark EV; with incentives and “bonus cash”, as low as $14,995

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Depending on an individual’s tax situation, the Spark EV ( earlier post ) is eligible for federal tax credit up to $7,500. California and Maryland Spark EV owners may also qualify for a $2,500 California state rebate or $2,300 Maryland excise tax exemption.

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Chevrolet to begin selling Spark EV in Maryland

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The Spark EV is also sold in California and Oregon, where sales totaled 1,145 in 2014. Spark EV is priced as low as $17,845, after federal and Maryland tax credits, and it features a locally sourced electric motor and drive unit, manufactured at General Motors’ Baltimore Operations facility in White Marsh, Md.

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Mercedes-Benz B-Class Electric Drive priced at $41,450 for US; 85-mile range

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Customers may be eligible for federal tax credits (which run up to $7,500) or state/local tax credits. The MY14 B-Class Electric Vehicle will be available beginning in mid-July to dealers in California; Connecticut; Maine; Maryland; Massachusetts; New Jersey; New York; Oregon; Rhode Island; and Vermont.

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Chevrolet Spark EV to lease for as low as $199 per month; MSRP $27,945 pre-incentives

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With the full Federal tax credit, the net price of the Spark EV could be as low as $19,995, including $810 destination freight charge. Depending on their tax situation, California Spark EV owners may also qualify for other state and local tax credits and incentives ranging from $0 to $2,500, potentially reducing the price to $17,495.

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