Stimulus Bill Facilitated by Grass-Root Supporters

Categories: Uncategorized
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In a press release by Jay Friedland of Plug In America, 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, "Neighborhood" Electric Vehicles, and gas/hybrid cars that have been converted to plug-ins. Along ... Discover More

An In-Depth Look into the Green Car Provisions in the Stimulus Package

Categories: Financing, Hybrids, Plug-ins
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Green Car Advisor has delved a bit further 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. 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. State ... Discover More

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