As part of the sweeping changes being made through various pieces of legislation floating through the U.S. Senate and Congress, fully electric and plug-in hybrid vehicles will soon be eligible for tax credits, including those with two or three wheels. One benefactor to this legislation is Zero Motorcycles, a company that already has one electric off-road motorcycle on the market and has plans to introduce a new road-going version this spring. That new model, known as the Zero S Supermoto, will b
Phev Tax Credit
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 is the time that automakers can get in touch with the Feds and let them know what they have in store for the U.S. market. General Motors has taken the unusual approach of being extremely transparent with the development of its Volt, which is either an extended-range electric-vehicle or a PHEV, depending on your point of view. As far as current, though not yet concrete, legislation is concerned, the Volt would be the only vehicle produced by a major manufacturer with enough battery capacity t
The Ways and Means Committee in the House of Representatives (the goofy name means they handle tax legislation) has apparently approved a bill proposed by Rep. Lloyd Doggett (D-TX) that could provide a huge boost to cars like the Chevy Volt. The bill HR 1331 would provide a tax credit of up to $6,000 to people who buy a plug-in hybrid vehicle that has a battery capacity of at least 4kWh.