You can see Friedland's full breakdown of the $12.5 billion after the jump. When taken together, it sure makes the stimulus bill look much more PHEV-friendly than before. Thanks to Friedland and Plug In America for sending this over.
[Source: Plug In America]
From Plug In America:
The stimulus bill resulted in a total of $12.5 billion for plug-in vehicles and infrastructure:
* $2 billion for advanced battery manufacturing,
* $2B A credit of $2,500 to $7,500, depending on size of battery,1 for electric-drive vehicles under 14,000 pounds GVWR sold after December 31, 2009:
o In the first and second quarter of the "phaseout," all electric-drive vehicles sold by this manufacturer get 50% of the previous credit.
o In the third and fourth quarter of the "phaseout," all electric vehicles get 25% of the previous credit.
o After the fourth quarter, there is zero credit for electric drive vehicles from this manufacturer.
o There does not appear to be a termination date for this portion of the bill (unlike the low speed and conversion kit terminations, you could take until, say, 2015 to get to your 200k).
o There does not appear to be a limit to the number of vehicle manufacturers that can qualify for this process.
* 10% credit for low speed electrified vehicles, up to $2,500 until December 31, 2011.
* 10% credit for conversion kits up to $40,000 credit until December 31, 2011. To qualify, conversion kits must still meet Clean Air requirements.
* $1.7B 30% credit for advanced energy investments, such as plug-in vehicle manufacture,
* $54M for tax credits on Alternative Refueling Property (including EV/PHEV charging)
(they raised the limit from 30% and $30,000 to 50% and $50,000 until 1/1/2011)
(also increased the residential refueling property tax credit to 50% capped at $2000)
(This is a TARP modification)
* $400 million for deployment of plug-in infrastructure and vehicles.
* $300 million to regional deployment of electric drive and alternative fuel vehicles.
* $300 million for the federal purchase of commercially available high-efficiency vehicles (including hybrid, plug-in hybrid, and battery electric vehicles) to remain available until September 30, 2011.
* $10 million additional for administration of Advanced Technology Vehicles Manufacturer Loan Program and $6 billion additional to Innovative Technology Loan Guarantee program which could go to plug-ins.
And: $6 billion goes to for grants under the EISA (Energy Independence and Security Act of 2007) for the Advanced Technology Vehicles Manufacturer Grant Program which was approved but wasn't funded before. This program provides grant funding like the loan funding to help automakers retool to make much more fuel efficient vehicles like EVs and PHEVs.