[Oeva-list] Congress bailout affects EVs?

Emily Ramage emily at arcimoto.com
Mon Oct 6 11:32:13 PDT 2008


Whoops - I forgot something in my previous email about the bailout bill.  It
is my understanding that the credit is only available to the first 250,000
eligible claims.

On Mon, Oct 6, 2008 at 11:30 AM, Emily Ramage <emily at arcimoto.com> wrote:

> Here is the link to the bill:
> http://www.rules.house.gov/110/text/110_hr4221_text.pdf
>
> The text regarding plug-in electric vehicles is section 205 (pg 186 of pdf
> file).  I believe that it outlines a $2,500 base credit for vehicles with at
> least 4 kWh of traction battery capacity, and $417 for each kWh of traction
> battery capacity over 4 kWh.
> The text regarding alternative fuel vehicle refueling property credit is
> section 207 (pg 197 of pdf file).
>
>
>
> On Sat, Oct 4, 2008 at 11:19 PM, Rick Durst <Rick.Durst at pgn.com> wrote:
>
>> Here is part of itm
>>
>> TRANSPORTATION PROVISIONS
>> PHEVs: There is a new plug-in electric drive vehicle credit for passenger
>> vehicles and light trucks ranging from $2,500, to $7,500.
>>
>>
>>
>> Alternative Refueling Stations: The 30% credit for alternative refueling
>> property is extended through 2010 and has been expanded to include electric
>> vehicle recharging property.
>>
>>
>>
>> ----- Original Message -----
>> From: oeva-list-bounces at oeva.org <oeva-list-bounces at oeva.org>
>> To: OEVA <oeva-list at oeva.org>
>> Sent: Fri Oct 03 17:37:32 2008
>> Subject: Re: [Oeva-list] Congress bailout affects EVs?
>>
>> linc.thomas at comcast.net wrote:
>> > Does anybody know the details of the congressional bailout plan passed
>> today, regarding the plug-in EV tax credit?
>>
>> There's a little more info in this link from the volt site:
>>
>>
>> http://gm-volt.com/2008/10/03/along-with-wall-street-bailout-plug-in-car-tax-credit-is-passed-chevy-volt-now-7500-less/
>>
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>
>
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