Daimler announced today that it is investing 200 million euros into the plant that currently builds the Smart Fortwo to make room for Europe’s first series production electric vehicle.
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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...
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The new year is rapidly approaching and with it a host of new vehicles begging to be driven are sitting in dealer lots waiting to wow shoppers. When it comes to new cars, those shoppers often expect more for less as new models hit the showroom, but that wont be the case for electric vehicles...
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An estimated 14,000 taxpayers claimed $37 million in tax credits meant for buyers of plug-in or electric vehicles, while attempting to pass of vehicles like the Cadillac Escalade, Chevrolet Camaro and “golf cart” as worthy of the credit. Among the most ignominous offenders were 88 prisoners and IRS employees who attempted to claim the credits....
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Hyundai‘s Sonata Hybrid just had its launch in San Diego, and while driving impressions are embargoed until next Monday, we do have a bit of good news to report. According to Dave Thomas of Kicking Tires, the Sonata Hybrid will be eligible for a $1,300 tax credit from the federal government. The tax credit is...
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