A Guide to Hybrid Incentives and Laws
Depending on when you bought a hybrid or other green car, which model you purchased, and how many deductions you are already taking, you might be entitled to a significant tax credit. We’ll continue to track federal, local and corporate hybrid incentives, and share it in these pages. You'll also find the latest government proposals and plans.
Start with these articles:
- Federal Tax Incentives (United States)
- Hybrid and Electric Incentives and Rebates - Region by Region
- Corporate Incentives for Hybrids and Alternative Cars
- US Federal Tax Incentives for Plug-in Hybrids and Electric Cars
Top news inIncentives & Laws
Energy Department Hired Restructuring Adviser for Fisker Loan- The Department of Energy hired an outside restructuring adviser last year to monitor Fisker Automotive's financing efforts, according to a Bloomberg report.
Data Shows Significant Jump in Average Fuel Economy Since CAFE Increases- New data from University of Michigan's Transportation Research Institute (UMTRI) indicates that the average new vehicle purchased in the United States has become nearly 20 percent more efficient since fall of 2007.
Bright Automotive Closes After Inability To Secure Federal Loan - This week, would-be hybrid vehicle manufacturer, Bright Automotive, closed its doors citing inability to secure a $314 million federal loan. "We have been forced to say 'uncle.' As a result, we are winding down our operations," the company's Chief Executive Officer Reuben Munger and Chief Operating Officer Mike Donoughe wrote U.S. Energy Secretary Steven Chu in a letter Tuesday.
Testimony Emerges from Chevy Volt Congressional Hearing- The "unnatural relationship" between the Obama administration and US carmakers in the wake of the 2009 auto bailouts may have led to a delay in disclosing a potential safety defect in Chevrolet Volts, Republican lawmakers claim in a House Oversight and Government Reform Committee report.
House Committee to Hold Chevy Volt Safety Hearing on January 25- The House Oversight and Government Reform Committee will hold a formal hearing to discuss and to investigate the potential fire risks associated with the extensively damaged Chevrolet Volts. Darrell Issa, R-CA, chairman of the committee, told members of the House that the hearing—titled "Volt Vehicle Fire: What did NHTSA know and when did they know it?”—will be held on January 25.
Detroit Auto Show Highlights Vanishing Gulf Between Carmakers and Environmentalists- At the North American International Auto Show in Detroit this week, carmakers unveiled an array of new green concepts and future production models.
California Wants One in Seven New Cars to Plug In By 2025- California may seek to set regulations mandating that one-seventh of all new light duty vehicles sold there carry at least plug-in hybrid electric drive capabilities.
Consumer Reports Finds Overwhelming Support for Higher Fuel Economy Standards- According to a new study from the Consumer Reports National Research Center a whopping 93 percent of car owners would like to see higher fuel economy standards.
Fuel Economy Advocates Fight Back in CAFE Probe- Last week, California congressman Darrel Issa opened his committee's investigation into recently announced Corporate Average Fuel Economy standards leading into 2025, when carmakers will be forced to average an equivalent of 54.5 mpg across their light-duty lineups. But committee members were painted a very different picture in testimony last week from supporters of the mandate, including several NHTSA and EPA officials.
Should California Welcome Hybrids Back to the HOV Lane?- Just months after hybrids were expelled from the California HOV lanes, a study by researchers at the Institute of Transportation studies at the University of California Berkeley is calling into question one of the basic premises behind the decision.
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