Published on September 14th, 2009
If you live in Colorado and own a Prius, here’s a New Year’s Day gift for you: $6,000 off a plug-in hybrid conversion.
Earlier this year, Colorado passed House Bill 1331, “Incentives for Efficient Motor Vehicles,” which creates new tax credits of up to $6,000 for the purchase of, or conversion to, a plug-in hybrid electric vehicle.
Background: plug-in hybrid and electric car retrofits.
The new credit will be a substantial discount off the average price of a plug-in conversion, which generally run around $10-14,000. On top of the Federal Tax Credit of 10% (up to $4,000), plug-in retrofits could start to make a lot of sense for some car owners.
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Published on August 10th, 2009
Entrepreneurs have begun to retrofit ordinary combustion vehicles into all-electrics or plug-in hybrids. Here’s why this could be the “big fix” that the auto-industry needs.
Are we stuck with our oil addiction? What if millions of our middle-aged vehicles could be reincarnated as superior versions of their youthful selves, while developing new revenue streams for Detroit? What if that “fix” could start reducing the billion a day we spend on imported oil, while creating tens of thousands of local jobs in communities and cutting greenhouse gases from fossil fuels?
Automakers could do all this—by thinking of vehicles as upgradable high-tech products. For example: A pioneering Chicago startup makes a prototype Ford F-150 pickup with an all-electric range of 30 miles per charge. After that it’s a hybrid, boosting the best-selling truck’s 15 city miles per gallon to 21. Read the rest of this entry »
