Blog Archive
-
▼
2011
(1169)
-
▼
May
(102)
- Fisker Karma Makes European Debut at Monaco Grand ...
- Ford Focus RS
- UPS Composite Van Boost MPG by 40%
- Fullycharged John O'Groats to Lands end in a Tesla...
- Suzuki With Hot Hatchback in Geneva with Swift S-C...
- Lorinser Gives Revamped Mercedes-Benz S-Class More...
- Seat Start Production of Audi Q3 in 2012
- Mitsubishi target 25,000 i-MiEV sales in FY 2011
- Transformers 3 "Dark of the Moon"
- BMW, Mercedes-Benz Fight to Outsell Each Other in ...
- Nissan LEAF: Gas Powered Everything [video]
- Renault - Electric Life [video]
- BritNed 1 GW HVDC Interconnector between UK and EU...
- 2011 Ford Escape
- Newey: Red Bull Racing underestimated KERS
- Michelin Challenge Bibendum 2011 overview and drea...
- 2011 Holden VE Series II SS V8 Ute
- Targa Tasmania 2011 - In the Cockpit of a Tesla Ro...
- Bosch to get VW contract for EV batteries
- Tesla Announces Follow-On Offering of Common Stock
- The fastest way to charge your Nissan Leaf - towin...
- Grand Prix Electrique Pile Up at 2011 Grand Prix d...
- 2011 Ford Fiesta S1600
- Mercedes-Benz to Style Helicopter Interiors, Yacht...
- Nissan Leaf Earns Top Safety Rating from NCAP [video]
- UK Police take delivery of first electric patrol car
- Electric Porsche Boxster E breaks cover @ Challeng...
- Lexus LF-Gh Concept
- Concept vehicle art by John Frye
- Azure Dynamics Sells 27 Ford Transit Connect EVs t...
- Venturi Volage wins 3 awards @ the Challenge Bibendum
- Nissan Leaf prices set to fall
- All-New 2012 Kia Rio 5 Hatchback
- VW plans to introduce EVs in Japan within 3 years
- All-New 2012 Subaru Impreza
- Michelin Challenge Bibendum 2011 [video]
- Vexing Hex: Iranian Designer Pens 6-Wheel Mercedes...
- New Chevrolet Colorado Show Truck
- Multijet II Turbo Diesel for Alfa Romeo MiTo
- Deal for first 100 government EVs almost done
- Chevrolet Volt Plant Prepares for Production Boost...
- Nissan could help Red Bull with KERS
- Japanese electric car 'goes 300km' on single charge
- Toyota Extends Production Halt until March 22
- Johnson Controls Moves to Dissolve Battery Joint V...
- Brabus Gives Mercedes-Benz SL65 AMG Black Series M...
- 2011 NYIAS: Lexus CT 200h
- Majority of consumers would consider buying an EV ...
- Obama administration wants rebate on electric cars
- V2G might make a profit for EV owners
- GM Electric Motors Plant is First for Major U.S. A...
- Toyota Verso-S 2011
- Aston Martin Will Build a Cygnet EV
- Fully Charged Delta E4 test drive, Blackcurrent VW...
- Opel: First battery car from 2013
- All New NISSAN LEAF NISMO RC 2011 SHAKEDOWN [video]
- Toyota’s Prius V Gets Over 8 Times As Many Orders ...
- Germany Doubles Electric Vehicle Research and Deve...
- BMW M5 Concept
- 2011 Ford Fiesta RS WRC
- Brammo wins in TTXGP season opener at Infineon Rac...
- Volkswagen to make electric cars in China with FAW
- Solar Field to Power Chevrolet Volt Assembly Plant
- Test Drive of the Electric Ford Transit Van [video]
- Order Books Open for Nissan Leaf in Spain
- Volvo Going Racing with Rear-Drive Volvo S60
- Porsche 911 GT3 500HP
- Clarkson and Co filming the Nissan Leaf and Peugeo...
- Top Gear up to their usual Electric Car comedy rou...
- How It's Made: Audi R8 e-tron AWD Electric Super C...
- Aurelien Francois concept vehicle
- Air Conditioner
- Electric cars take off in Norway
- Volkswagen to introduce plug-in hybrids by 2013
- Vettel, Webber Praise Red Bull for KERS Fix
- Toyota to make plug-ins standard for Prius from 2014
- Concept vehicle art by Nick Carver
- New York Could See Electric Taxis by 2017
- Nissan Leaf NISMO Electric Race Car ON TRACK [video]
- Toyota consumer’s first choice for hybrid and elec...
- Ford shows off prototype of new electric Focus [vi...
- 'KERS worked well' - Webber
- Jaguar and Williams F1 set for UK-made hybrid car ...
- All-electric garbage trucks to sweep French streets
- Spyker Set to Sell its Cars in Select Saab Showrooms
- A123 signs on as sponsor of TTXGP electric motorcy...
- Hertz Introduces Tesla Roadster Electric Vehicles ...
- Wrc
- Nissan's Leaf sales spike in April
- Peugeot EX1 electric car record run around the Nür...
- Red Bull's KERS problem fixed - Marko
- Increase proposed to $9,500 Electric Car Tax Credit
- BYD e6 all-electric car [video]
- Rent A Racer: Audi Race Experience Program Puts Yo...
- Toyota FJ Cruiser
- Rav 4
- YASA Motors Announce Electric and Hybrid Road and ...
- Amp Electric Vehicles scores $100M deal in Iceland
- Mercedes plans electric S-class
- Chevrolet Volt Drawing New Customers to Dealers
-
▼
May
(102)
Increase proposed to $9,500 Electric Car Tax Credit
Not content with the current pace of electric vehicle sales despite existing federal subsidies of $7,500 and, in many cases, state incentives as well, four House members have proposed a new bill that would aim to jolt EV car sales a bit more.
While the market isn’t quite ready to totally switch to electric cars on its own, or even with a $7,500 federal subsidy, that isn’t stopping three Democrats and a Republican in the House from co-authoring a bill that would not only boost the federal incentive to $9,500 for 500,000 people, but would also pump as much as $300,000,000 to each of 10 cities in order to develop electric vehicle charging infrastructure, according to a Detroit News report.
The bill, known as the Electric Drive Vehicle Deployment Act, would guarantee that the first 50,000 consumers to purchase an electric vehicle in one of the 10 cities that would ultimately be chosen through a competitive bid process would be given “at least” $2,000 above the $7,500 federal tax credit already in place. The bill would also extend the 2014 federal tax credit of up to $2,000 for the purchase and installation of electric vehicle charging stations for individuals, or up to $50,000 for businesses.
“If we’re ever to break our addiction to expensive foreign oil, we’re going to have to give a jump-start to sound alternatives. Consumers want to enjoy a cheaper, gas-free commute, but they need to have confidence in their access to things like charging stations,” said Judy Biggert, Republican House member from Illinois.
Other aspects of the bill would include incentives for domestic production of electric vehicle technology and components, with a 30 percent budget increase for research and development of electric vehicles, as well as a new Energy Innovation Hub that would be devoted to developing battery technology.
The bill places the Energy Department in charge of many aspects of the funding distribution, including choosing the 10 cities that would each be given as much as $300 million, for a total of up to $3 billion in federal funds going to 10 U.S. cities to jump start electric vehicle adoption.
Last month, electric car sales in the U.S. were far less than a single percent of new car sales, with the combined total of electric and hybrid car sales coming in at just 2.6 percent.