The electric vehicle market is really starting to expand and in the US, various levels of Government are trying to help by providing tax credits to buyers of these cars. The Federal Government provides up to $7,500 in tax credits to buyers of electric cars, provided they buy from a manufacturer who hasn’t delivered 200,000 units. Tesla are passed that point and Motoring … [Read more...]
U.S. Fuel Cell Tax Credits to Expire on 31st December
Yesterday I wrote about the battle between electric car sales and the price of oil, they follow the fact that for every action there is a reaction, i.e. when one goes up, the other goes down! I commented on the fact that some Governments use tax credits or other methods to help create sales of electric or hybrid vehicles and this morning I read that the Federal tax credit on … [Read more...]