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21Market for clean air credits grows as Cali's ZEV mandates hit automakers

Automakers are buying and selling zero emission vehicle credits ahead of more stringent ZEV mandates in California. The state now requires larger automakers to increase the number of zero-emission vehicles they sell, including electric, plug-in hybrid and hydrogen models. Manufacturers that manage to exceed their ZEV goals are awarded credits, which they may sell then sell to other automakers. Not surprisingly, Nissan has an abundance of credits on its table thanks to its Leaf EV, though the com

19Secretary LaHood says plug-in vehicle point-of-purchase rebates could replace tax credits in 2012

Back in February, President Obama proposed changing the credit for plug-in vehicles over to a point-of-purchase rebate, a move that would likely speed up the $7,500 payment. Under the proposal, dealers would reduce the sticker price of eligible plug-in vehicles and apply for reimbursement from the government.

17Secretary LaHood says plug-in vehicle point-of-purchase rebates could replace tax credits in 2012

Back in February, President Obama proposed changing the credit for plug-in vehicles over to a point-of-purchase rebate, a move that would likely speed up the $7,500 payment. Under the proposal, dealers would reduce the sticker price of eligible plug-in vehicles and apply for reimbursement from the government.

28Senator Stabenow re-pitches $7,500 plug-in vehicle point-of-purchase rebate

Currently, buyers of eligible plug-in vehicles receive a $7,500 federal tax credit upon filing their income taxes. In some situations, that $7,500 arrives up to a year after one has plunked down cash to buy a battery-powered auto. However, U.S. Senator Debbie Stabenow (D-MI), looks to put an end to the delay with a reintroduced bill that, if passed, would provide a $7,500 point-of-purchase rebate to plug-in vehicles buyers.

35Report: $33M in EV tax credits went to buy unqualified vehicles

Is a bicycle an electric vehicle? How about a Hummer H3? These are some of the things that Americans claimed were hybrids, alternative-powered or plug-in electric vehicles on their tax forms, reports USA Today. What's more, the false claimants managed to get $33 million back from the federal government. According to the daily, $33 million is about 20 percent of the $163.9 million total that has been claimed under the tax credit programs so far.

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