If you’re a builder of an electric vehicle, one of the selling points is a federal tax credit of up to $7,500 available to most buyers. The credit saves customers money on their taxes, effectively reducing their ownership costs. Plug-In Electric Drive Vehicle Credit Available for applicable vehicles purchased after … Read more
Widened tax credit for electric vehicles receives congressional support. Shoppers of Tesla and GM electric vehicles are no longer eligible for the $7,500 federal tax credit. That is due to both companies using up their 200,000-unit credit. In Tesla’s case, the incentive ended years ago. While other automakers jump into … Read more
Lightning strikes the F-150 range. Well, the Ford Motor Company has done it. After hinting about a full-electric pickup truck for several years and finally settling on a name this month, the introduction of the F-150 Lightning EV at a global news conference last night brought the hype to its … Read more
The Tesla Model X is a 7-passenger, all-electric sport utility vehicle and has already been deemed the fastest (and cleanest) SUV on the planet. This second model from Tesla Motors (third if you count the limited production/availability Tesla Roadster) was introduced in late September and has promptly gone on sale. … Read more
You can make your green dreams a reality with the Fusion Energi. ===MPG figures updated June 12, 2014 per the Ford Motor Company.=== We’ve heard it all before: for just under $40,000 you can get behind the wheel of a plug-in hybrid electric vehicle (PHEV) and receive a sizable federal … Read more
Electric vehicle enthusiasts are likely familiar with the $7,500 federal tax credit for purchasing a new EV. That credit1 will eventually be phased out manufacturer by manufacturer as each one’s quota is reached, but it will still be in effect in 2014 and probably well beyond. What won’t be around much … Read more
Navigant Research finds cost remains a significant impediment to EV adoption. Consumers may like electric vehicles, but they are not keen about embracing the technology. At least not where cost is involved. When it comes down to it the high purchase price of EVs continues to keep these vehicles off … Read more