From the Chevy Volt website:
MSRP(1) Starting at
$32,780View Current Offers
Price after tax savings. Net price shown includes the full $7,500 tax credit.
$40,280 MSRP (4) with federal tax savings from $0 up to $7500.
From the Nissan Leaf website:
New Qualified Plug-In Electric Drive Motor Vehicles An income tax credit of zero to $7,500 for the purchase of a new qualified plug-in electric drive motor vehicle
But hey, thanks for "carrying" us Pro-boy. :0074
Btw, Ditch is my brother's name.
THOSE ARE ALL OLDTAX CREDITS...NICE TRY THOUGH..GET A BIG FLY SWATTER YOU ARE GOING TO NEED IT ..:142smilie
I HAVE BIG SHOULDERS, I'LL KEEP ON CARRYING Y'ALL... :0074
Transportation
U.S. Administration Outlines Rebates For Electric Cars
By Ryan Tracy
Published February 08, 2011
| Dow Jones Newswires
WASHINGTON -(Dow Jones)- The Obama administration outlined a rebate Tuesday that would be available to buyers of electric cars at the point of sale, reducing the sticker price by up to $7,500.
Shares of Tesla Motors, Inc. (TSLA: 22.88, -0.18, -0.78%), the electric car maker backed by Toyota Motor Corp. (TM, 7203.TO) jumped more than 6% Tuesday, to $24.49. Battery maker A123 Systems, Inc. (AONE: 9.75, -0.49, -4.79%) also saw shares jump more than 6%, to $9.92.
Some details of the proposal, including when rebates would be available and whether the rebates would be capped, remained unclear. David Sandalow, DOE's assistant secretary for policy and international affairs, said details would have to be worked out in Congress.
Companies like General Motors Inc. (GM: 36.08, -0.21, -0.58%) and Nissan Motor Co. Ltd. (NSANY, 7201.TO) that already have electric cars on the market are in good position to take advantage of the government incentive, particularly if Congress places a cap on the rebates, said Jesse Torpak, an auto analyst for TrueCar.com.
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"That's the kind of math you need to bring electric vehicles to the masses," Torpak said.
In a little more than two years, Tesla Motors has sold about 1,600 cars worldwide.
In the U.S., the Nissan Leaf and GM's Chevrolet Volt, which just went on sale in December, are only beginning to trickle into the market. GM has sold 647 Volts over the past two months in the U.S. Nissan has delivered 97 Leafs over that period.
Sandalow said the administration's proposal was part of a strategy to support electric vehicle manufacturing. In a statement, he said more electric vehicles on the road "represents a key component of our strategy to reduce America's dependence on foreign oil and ensure that the U.S. leads the world in the growing electric vehicle manufacturing industry."
The administration announced the rebate initiative last month.
President Barack Obama has set a goal of putting one million electrical vehicles on the road by 2015. A DOE report released Tuesday said that goal is ambitious, but achievable.
DOE also said the administration will propose giving grants to 30 communities to invest in infrastructure for electrical vehicles. In addition, the agency said the president's upcoming budget proposal will include further investments in research and development for electric vehicle components, including batteries.
