Senate proposal would double PHEV tax credit to 500,000 units
Auto Blog: EV/Plug-in , Legislation and Policy , USA Late last year, the Senate passed legislation that called for big tax credits for plug-in hybrid vehicles. As it was originally written, the credits were dependent on the size of the car’s battery pack and ranged from $2,500 to $7,500 – the Chevy Volt is the only production car currently announced that would get the full credit – and only the first 250,000 PHEVs sold, regardless of manufacturer, would qualify. Now, though, the U.S. Senate Finance Committee is revisiting this legislation and a proposal is currently on the table that would increase that figure to 500,000 individual units. What’s more, the new legislation would include vehicles weighing 10,000 pounds or more, increasing the available credit to as much as $15,000 for these heavy-duty vehicles. A separate line of credit would be made available for low-speed vehicles, motorcycles, and three-wheeled vehicles (like those from Aptera , we presume) that would otherwise meet the PHEV criteria, if not for their lack of wheels or top speed limitations, that allows credits of up to $4,000. [Source: Green Car Congress ] Senate proposal would double PHEV tax credit to 500,000 units originally appeared on AutoblogGreen on Wed, 28 Jan 2009 12:50:00 EST. Please see our terms for use of feeds . Car Blog Green|Car Blog Green|Car Blog Green|Car Blog Green
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Senate proposal would double PHEV tax credit to 500,000 units
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Leave a commentTesla holds customer town hall to explain price increases
Auto Blog: EV/Plug-in , Tesla Motors Click above for high-res image gallery of Jason’s Tesla Roadster Tesla Motors held the first of a series of customer town hall meetings at its Menlo Park store on Tuesday to try and assuage anger over recently announced price increases . A couple of attendees have posted their thoughts about the meeting around the web. As usual, CEO Elon Musk was forthcoming with information, although it some cases it may actually raise more fears than calm them down. For example, when responding to a query about the price hike, Musk responded, “It was a really close call at the last round of investments, I can’t shoulder the load of the company alone and I couldn’t continue the company like that.” Musk also revealed that the company would be getting an investment from a “well respected company” in the next week or so. In the current environment, that may not have been the safest response if the deal has not yet closed. If something happens and it falls apart, the company could end up looking worse. Musk blamed the new $3,000 price for the high-powered charging cable on the cost of making the current one and said a new, less expensive version is being developed. A 440V charger that would facilitate 45-minute charges is in the works, he said, possibly for 2010. Musk also announced that the Model S would be shown to customers and VIPs at an event at the Space-X headquarters in Los Angeles on March 5. Tesla is also working on drivetrain 2.0 with an eye on cost reduction. Gallery: Jason Calacanis’ Tesla Roadster Gallery: Trying out Jason’s Tesla Roadster Photos copyright (C)2008 Drew Phillips , Sam Abuelsamid, Sebastian Blanco / Weblogs, Inc. [Source: Planettesla , TeslaMotorsClub ] Tesla holds customer town hall to explain price increases originally appeared on AutoblogGreen on Wed, 28 Jan 2009 12:01:00 EST. Please see our terms for use of feeds . Car Blog Green|Car Blog Green|Car Blog Green|Car Blog Green
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Tesla holds customer town hall to explain price increases
Posted in Auto Green | a-friend-via, current, elon musk, entry, low speed vehicle credit, meetings-at-its, price, space, tesla, tesla-motors, teslaroadster, thoughts, wheels-or-top | Leave a commentGet Approved!
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