28 Dec '11, 5pm

Three federal electric vehicle incentives expiring at end of 2011

Three federal electric vehicle incentives expiring at end of 2011

2011 may have been the first full year that multiple mainstream plug-in vehicles were available in the U.S., but it will also be remembered – most likely – as the year when the U.S. federal government was offering the most money to plug-in vehicle buyers (based on the number and types of incentives offered, not in total funds spent). As of the end of 2011 – i.e., three short days from now – three incentives will go the way of an ethanol subsidy . A fourth – arguably the most important one – will remain on the books. The three federal electric vehicle tax credits that are set to expire are the $1,000 (maximum) to install a home charging station, the $2,500 (max) for two- or three-wheeled EV that have 2.5-kWh batteries or larger and the $4,000 (max) for converting either a hybrid to plug-in or a regular ICE to EV power. The big tax credit that's sticking around is the $7,500...

Full article: http://www.green.autoblog.com/2011/12/28/in-budget-fight-...

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