Gallery: Proposed Bill To Give Electric Vehicle Buyers $7,500 Credit Ri...

 

As a way to help advance President Barack Obama’s goal to get 1 million new EVs on the road by 2015, U.S. Sen. Debbie Stabenow unveiled a legislative proposal on Monday that would give buyers of plug-in electric vehicles up to a $7,500 rebate at the point of purchase. Currently, buyers have to file their taxes to get the $7,500 federal rebate on electric cars, so receiving the credit right when they buy could really spur on EV sales.

Read the rest of this entry »

LEAVE A COMMENT

or your inhabitat account below



2 Comments

  1. Wood June 1, 2011 at 10:01 am

    That’s not just logic. That’s raelly sensible.

  2. caeman February 9, 2011 at 1:25 pm

    Personally, I am opposed to this sort of subsidy for the rich. If you want a $40k electric car and have the funds to even consider owning one, you already have more money then the majority of Americans that will never be able to afford the car in the first place, and of whom would actually benefit more from the car than a bunch of pamper, entitled rich people showing off their wealth with an EV.

get the free Inhabitat newsletter

Submit this form
popular today
all time
most commented
more popular stories >
more popular stories >
more popular stories >
Federated Media Publishing - Home