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	<title>Plug-In &#187; stimulus</title>
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	<link>http://www.plug-in.com</link>
	<description>Accelerated Hybrid and Electric Car Resource</description>
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		<title>Those Eco-Friendly NEVs</title>
		<link>http://www.plug-in.com/the-eco-friendly-nevs/</link>
		<comments>http://www.plug-in.com/the-eco-friendly-nevs/#comments</comments>
		<pubDate>Thu, 16 Jul 2009 23:44:57 +0000</pubDate>
		<dc:creator>Bhavesh</dc:creator>
				<category><![CDATA[Company PR]]></category>
		<category><![CDATA[Plug-ins]]></category>
		<category><![CDATA[golf carts]]></category>
		<category><![CDATA[Morris Clement]]></category>
		<category><![CDATA[NEV]]></category>
		<category><![CDATA[NEVs]]></category>
		<category><![CDATA[Orange Crate Special]]></category>
		<category><![CDATA[stimulus]]></category>

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		<description><![CDATA[<a href="http://www.plug-in.com/the-eco-friendly-nevs/"><img align="left" hspace="5" width="140" height="140" src="http://www.plug-in.com/wp-content/uploads/electric-car-dori-val11-125x125.jpg" class="alignleft wp-post-image tfe" alt="Morris Clement NEV" title="" /></a> 

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			<content:encoded><![CDATA[<p style="text-align: center;"><img class="aligncenter size-full wp-image-672" style="margin-bottom: 15px;" src="http://www.plug-in.com/wp-content/uploads/electric-car-dori-val11.jpg" alt="Morris Clement NEV" width="300" height="238" /></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 115%;">Former race car driver Morris Clement is all set to develop his own electric car. He will be building a low-speed, battery-operated vehicle: a less-exciting, greener approach than the toys he used to play with.  In 1998, the National Traffic Safety Administration classified the cars as neighborhood electric vehicles, or NEVs, and they are certified &#8220;eco-friendly&#8221;.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 115%;">As for specifications, Clement said that the car would offer speeds up to 25 miles per hour, therefore making these 4-wheel NEVs not suitable for highways. He stated that the vehicle could drive for 40 miles without recharging and that the battery should be replaced after 5 or 6 years. Interestingly, he asserted that the electric car can be used to drive up a mountain and on snow-clad roads.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 115%;">Morris Clement was a National Championship race car driver with the Sports Car Club of America (SCCA). In fact, in May 2008, he built the Cobra 427 SC, which was the first ever COBRA that could travel well over 200 miles per hour. For this, he was featured in the popular Kit Car Magazine.   One year later his 25 mph golf-cart helps earn him a feature on Plug-In.com.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 115%;">These days, Mr. Clement is the owner of Fastlane Lube Masters at 6280 Grand Avenue, at Gurnee Mills. He said that he was inspired to build electric cars for the general masses so that they could save money and enjoy driving at the same time. </span><span style="font-size: 12.0pt; line-height: 115%;">According to his wife Mary, the NEVs would be apt for picking up kids from school, buying groceries and are great for short trips. </span><img class="aligncenter size-full wp-image-679" title="NEV" src="http://www.plug-in.com/wp-content/uploads/NEV.jpg" alt="NEV" width="423" height="260" /></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 115%;">It was only recently that he received his township&#8217;s Special Use Permit allowing him to service and sell these electric cars. </span><span style="font-size: 12.0pt; line-height: 115%;">Mr. Clement informed the media that states such as Wisconsin, Texas, Georgia, California, Florida and Arizona already permit these cars on the roads.  By 2010, the state of Illinois would also allow it. However, like most vehicles, users must first acquire registration plates, licenses, certificates of title, insurance, and stickers.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 115%;">Regarding the issue of cost, Morris Clement quoted $20,000 for new cars and $3,500 for used ones.  Thanks to the economic stimulus bill passed in February, owners of his electric NEVs could qualify for a federal tax rebate up to several thousand dollars.</span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 115%;">Mr. Clement is fast developing the 1st prototype, which is called the &#8216;Orange Crate Special&#8217;. He is utilizing an E-Z GO frame by the Textron Company, which is the largest producer of utility vehicles and golf carts. Moreover, just like he did with his record-breaking Cobra, Morris is using race car components in this model. He asserts that the car would be sturdy, safe, and offer superior quality,  stating &#8220;I&#8217;m very picky because I&#8217;ve built my own race cars.&#8221; </span></p>
<p class="MsoNormal" style="text-align: justify;"><span style="font-size: 12.0pt; line-height: 115%;">The chances, however, of everyday drivers switching to these NEVs are slim.  They are suitable for only a narrow range of activities and really expose the plug-in&#8217;s liability of constantly having to recharge.  Even if the price were brought down to a level where people in 3rd world countries, who require small cars without fast speeds, could afford it, the infrastructure for electricity just does not exist.  It seems that the production of these types of EVs are heavily dependent on the <a title="Green Car Provisions" href="http://www.plug-in.com/an-in-depth-look-into-the-green-car-provisions-in-the-stimulus-package/" target="_blank"><span style="color: #0000ff;">stimulus package</span></a> to make them enticing.</span></p>
<p class="MsoNormal"><span style="font-size: 12.0pt; line-height: 115%;"> </span></p>


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		<item>
		<title>Stimulus Bill Facilitated by Grass-Root Supporters</title>
		<link>http://www.plug-in.com/stimulus-bill-facilitated-by-grass-root-supporters/</link>
		<comments>http://www.plug-in.com/stimulus-bill-facilitated-by-grass-root-supporters/#comments</comments>
		<pubDate>Fri, 20 Feb 2009 03:30:41 +0000</pubDate>
		<dc:creator>Rick</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[stimulus]]></category>
		<category><![CDATA[taxes]]></category>

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		<description><![CDATA[<a href="http://www.plug-in.com/stimulus-bill-facilitated-by-grass-root-supporters/"><img align="left" hspace="5" width="140" src="http://www.plug-in.com/wp-content/uploads/handshake-290x300.jpg" class="alignleft wp-post-image tfe" alt="handshake" title="handshake" /></a> 

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			<content:encoded><![CDATA[<p><img class="size-medium wp-image-82 alignright" title="handshake" src="http://www.plug-in.com/wp-content/uploads/handshake-290x300.jpg" alt="handshake" width="290" height="300" /><br />
In a press release by Jay Friedland of <a href="http://www.pluginamerica.org/" target="_blank"><span style="color: #0000ff;">Plug In America</span></a>, we learn that the non-profit organization helped organize many thousands of emails to various congressional representatives in support of favorable provisions to be added to the stimulus bill.  They claim to have played a key role in the formulation of an amendment by Sen. Maria Cantwell (D-WA), which extended a 10% tax credit to three-wheeled electric vehicles, electric motorcycles, &#8220;Neighborhood&#8221; Electric Vehicles, and gas/hybrid cars that have been converted to plug-ins.</p>
<p>Along with Plug In America, another non-profit group, <a href="http://calcars.org/about.html" target="_blank"><span style="color: #0000ff;">CalCars.org</span></a>,  and various hybrid and plug-in manufacturers formed a coalition to encourage (successfully) greater tax credits and infrastructure stipulations within the plan signed by President Obama.</p>
<p>Read the whole statement <a href="http://www.californiaprogressreport.com/2009/02/stimulus_bill_b.html" target="_self">here</a>.</p>


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		<title>An In-Depth Look into the Green Car Provisions in the Stimulus Package</title>
		<link>http://www.plug-in.com/an-in-depth-look-into-the-green-car-provisions-in-the-stimulus-package/</link>
		<comments>http://www.plug-in.com/an-in-depth-look-into-the-green-car-provisions-in-the-stimulus-package/#comments</comments>
		<pubDate>Tue, 17 Feb 2009 07:18:29 +0000</pubDate>
		<dc:creator>Rick</dc:creator>
				<category><![CDATA[Financing]]></category>
		<category><![CDATA[Hybrids]]></category>
		<category><![CDATA[Plug-ins]]></category>
		<category><![CDATA[batteries]]></category>
		<category><![CDATA[stimulus]]></category>
		<category><![CDATA[taxes]]></category>

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		<description><![CDATA[<a href="http://www.plug-in.com/an-in-depth-look-into-the-green-car-provisions-in-the-stimulus-package/"><img align="left" hspace="5" width="140" src="http://www.plug-in.com/wp-content/uploads/stimulus-money-240x300.jpg" class="alignleft wp-post-image tfe" alt="stimulus-money" title="stimulus-money" /></a> 

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			<content:encoded><![CDATA[<p><img class="size-medium wp-image-75 alignleft" title="stimulus-money" src="http://www.plug-in.com/wp-content/uploads/stimulus-money-240x300.jpg" alt="stimulus-money" width="240" height="300" /></p>
<p>Green Car Advisor has <a href="http://blogs.edmunds.com/greencaradvisor/2009/02/economic-stimulus-act-contains-good-news-for-green-car-advocates.html" target="_self"><span style="color: #0000ff;">delved a bit further</span></a> into the Economic Recovery and Reinvestment Act of 2009, revealing many of the numbers that were designed to jumpstart the product of hybrid and electric vehicles.</p>
<p>Conventional hybrid manufactuers will continue to enjoy a $3,400 tax-credit for their first 60,000 hybrids, followed by a %50 drop each of the following 6 months.   Of course, companies like Toyota have already used up all of these tax-credits, while General Motors still has its full reserve available.</p>
<p>State sales taxes for the purchase of hybrid cars can be written off as federal income tax deductions.  This provision applies to other fuel-efficent vehicles, and interestingly, includes purchases of  Dodge Rams , Lincoln Navigators and Hummers (?).</p>
<p>Plug-in Vehicles enjoy the largest bounty of the Recovery Act, with tax credits going as high as <strong>$15,000</strong> per vehicle.   The deductions are tiered according to the capacity of the vehicles battery pack and the weight of the vehicle itself.    Eligible vehicles must be powered by a battery pack with at least 4 kilowatt-hours to qualify for a $2,500 tax credit.  Each extra kilowatt-hour of capacity qualifies for an extra $417 credit, with cars under 10,000 pounds topping out at $7,500.  According to the article, <em>&#8220;For vehicles weighing from 10,001 pounds to 14,000 pounds, the maximum credit is $10,000; it jumps to $12,500 for 14,001- to 26,000-pound vehicles; and tops out at $15,000 for vehicles in excess of 26,000 pounds.&#8221;</em></p>
<p>Interestingly, the growing popularity of aftermarket conversions of hybrid cars , such as the Toyota Prius, into plug-ins with all-electric range, can qualify the owner for a 10%  (of conversion cost) tax savings &#8212; up to $4,000.   Even electric motorcycles and low speed electric vehicles (EVs) qualify for a $2,500 credit.</p>
<p>There are also<a href="http://www.plug-in.com/obama-launches-24-billion-program-for-plug-in-vehicles/" target="_self"> <span style="color: #0000ff;">billions in the stimulus package</span></a> dedicated to providing the sort of technology and infrastructure needed to convert America&#8217;s automobiles into less gas-dependent resources.</p>


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