AMP Electric Vehicles Now Qualify for Tax Credit

By Sami Haj-Assaad Mar 12 2012

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While some electric vehicle companies are floundering, AMP Electric Vehicles has just been cleared by the IRS to give a federal tax credit to its customers.  With the prices of gas steadily increasing, the timing of AMP’s qualification is right on point. Jim Taylor, AMP CEO says “Given the recent increase in gas prices and the... Continue Reading...

Filed under: American Electric Cars Featured Articles Technology
Tags: amp, electric vehicles, EVs, federal tax credit, IRS, tax credit

Bigger Electric Car Subsidy Possible in 2013

By Luke Vandezande Feb 14 2012

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Things might get a lot sweeter in 2013 for folks considering a “new technology car,” as they’re being called at the White House. President Obama’s 2012 fiscal year budget apparently includes a provision for increasing the federal tax credit from $7,500 to a more substantial $10,000. The subsidy hasn’t been passed yet, but if it... Continue Reading...

Filed under: Electric Cars Featured Articles Technology
Tags: chevrolet volt, Civic NG, Electric Cars, EVs, extended-range hybrids, federal tax credit, Mitsubishi i EV, natural gas cars, nissan leaf, refund, subsidies, subsidy, white house