After Georgia repealed its $5,000 electric car tax credit, sales of the Nissan LEAF plunged nearly 90%. Are tax credits good social policy or a giveaway?
Browsing the "tax credit" Tag
By the time the $7,500 Federal tax credit for EVs phases out, Tesla owners could end up claiming more than $1.5 billion.
Though Texas may not be a fan of Tesla’s direct sales model, the Lone Star state is ready to offer alternative-fuel vehicle buyers some extra cash.
Unlike many other also-rans, Tesla Motors is succeeding where other electric car companies have failed. And by succeeding, we mean Tesla is actually selling cars, with the Model S sedan reportedly receiving over 10,000 $5,000 deposits to date. At $50,000 after tax credits though, the Model S is still well beyond what most people can afford. So what is Tesla planning to build next? From the sounds of it, an all-electric BMW 3-series rival.
Election year politics are never pretty, but it looks as though President Obama may be prepared to offer Congressional politicians an olive branch of sorts. In addition to asking for the up-to $7,500 EV tax credit to become a $10,000 cash rebate at point of purchase, Obama wants to extend the same deal to CNG, […]
When writing about alternative fuels, there is often this sense of deja vu; like I’ve been here and done that. So it is not surprising in the least that I find myself once again writing that Congress is kick the ethanol industry while its down, and moving to block the sale of E15 gasoline at […]
It’s an election year, which means the partisan political bickering is only getting warmed up. So it is no surprise that politicians on the right side of the aisle are already calling Obama’s proposed 2012 budget nothing more than a “campaign” document. Among the many provisions Obama outlines in his proposal is billions of dollars […]
The United States and China are two fundamentally different countries, and nowhere does that shine through more obviously than in transportation. While American politicians block any and all efforts to promote alternative fuels and high-speed transportation, China has wholly embraced these concepts. And now China’s government has revealed a new set of extremely generous subsidies […]
The end is nigh for the VEETC, also known as the corn ethanol subsidy which was mandated 30 years ago as a way to reduce dependence on foriegn oil. In a rare show of bipartisanship, Congress voted to end the VEETC program…and along with it, a 54-cent-per-gallon tariff on imported ethanol. Could this be a […]
With the Tesla Roadster officially out of production, the upstart EV maker is looking towards its next big vehicle, the Model S sedan. We already know that the Model S will be offered with three different battery sizes, and we were given a general idea of the price and options list. Now Tesla has filled […]
Oekonews asked around – what kind of tax advantages or other incentives does one get for buying an electric car? It turns out that there are quite a few. England tops the list. If you want to drive into London, you have to pay a fee for clogging up the city streets – unless you […]
What’s that, GM? You’re knocking $1,000 off the price of the 2012 Chevy Volt? And now customers all over America can order one from your local dealership? Hells yes, I like where this is going, which soon should be everywhere. No doubt, the Chevy Volt is not the perfect car. But there is something about […]
Are dealerships selling Chevy Volts to one another, boosting sales and stealing the $7,500 tax credit? No, they aren’t, but a recent right-leaning piece accuses Chevy dealers are doing just that, with ZERO proof to back it up. Mark Modica, writing for the right-leaning think-tank The National Legal and Policy Center, penned this piece, “Are […]
There’s plenty of debate over the government’s $7,500 tax rebate for plug-in vehicles, and the debate will surely kick into overdrive as the government considers turning the tax rebate into an immediate rebate right at the dealership’s door. As of right now, if you want to buy say, a Nissan Leaf, you have to pay […]
Few vehicles have been as polarizing as the Chevy Volt, and it seems to have exceeded expectations both with reviewers and consumers. It’s been such a success that GM could double production capacity to 120,000 cars by next year.
It’s been a whirlwind of EV news for Hawaii recently. As we already knew, they’ll be getting Better Place’s battery swapping technology, an electric car factory and they were just listed as one of the first areas you’ll be able to buy a Nissan LEAF when it goes on sale at the end of this […]