Obama wants electric car rebate - Dodge Nitro Forum
Chrysler/Dodge/Jeep News Find out the latest scoop here!

LinkBack Thread Tools Display Modes
post #1 of 1 (permalink) Old 05-18-2011, 09:58 AM Thread Starter
Super Moderator
rickaren's Avatar
Join Date: Nov 2006
Location: Indiana
Posts: 22,847
Obama wants electric car rebate

May 18, 2011 Autos Insider | Obama wants electric car rebate | The Detroit News

Obama wants electric car rebate

Make deal available on day of purchase, transit chief says

/ Associated Press

Smyrna, Tenn. — U.S. Transportation Secretary Ray LaHood told a group of Nissan executives and workers on Tuesday that the Obama administration wants consumers to be able to get a tax rebate at dealerships when they buy electric cars.

The federal government offers a $7,500 tax credit on the purchase of electric vehicles, but that can't be taken until buyers file their income taxes.

LaHood said he expects the change to be a part of any tax bill passed in the next year and a half.

He made the remarks during a tour of Nissan North America Inc.'s lithium-ion battery plant in Smyrna. When completed in late 2012, the plant will be the largest of its type in the nation, able to produce 200,000 batteries a year for the all-electric Nissan Leaf, which will be built next door.

The Leaf carries a manufacturer's suggested retail price in the U.S. of $32,780, much higher than most similar-sized, gas-powered cars. With the tax credit, the price is more like $25,000.

"We'd like for people to get a $7,500 rebate on the day they buy the Leaf," LaHood said, comparing it to the way the popular Cash for Clunkers program worked. Combined with state incentives, the rebate will allow people "to own a Leaf for what most average people can afford," he said.

He said incentives could be in place "for as long as it takes to really motivate people to do this."

The idea could face opposition from the dealers, however. Bailey Wood, a spokesman with the National Automobile Dealers Association, said tax credits are a great way to incentivize sales, but the administration's proposal, which essentially seeks to transfer the tax credit to the dealer, would complicate the sales process. He said dealers might have to try to determine whether a buyer qualified for the credit, something that could be difficult.

LaHood also said the administration is committed to investing in charging stations so that the infrastructure is in place to make owning an electric vehicle as convenient as possible. The Leaf, the first mass-market all-electric car, can run for about 100 miles before the battery needs to be recharged. On a 220/240-volt outlet, it takes about eight hours to go from zero to fully charged, but a quick charge port allows the battery to charge to 80 percent in about a half-hour.


Nitro Year: 2007 (1 of 91,815 sold in 07)
Nitro Model: R/T 4X4 Stone White
CAT-BACK Exhaust, CAI, Projector Head Lamps
Fully-Equipped w/all factory options
rickaren is online now  
Sponsored Links

  Dodge Nitro Forum > Dodge Nitro News & Polls > Chrysler/Dodge/Jeep News

Quick Reply

Register Now

In order to be able to post messages on the Dodge Nitro Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode

Similar Threads
Thread Thread Starter Forum Replies Last Post
Chrysler offers rebate for one more week rickaren Chrysler/Dodge/Jeep News 0 08-22-2009 06:34 PM
New Chrysler Incentive Doubles Cash-for-Clunkers Rebate Administrator Chrysler/Dodge/Jeep News 0 07-22-2009 08:50 AM
President Obama’s remarks rickaren Chrysler/Dodge/Jeep News 0 04-30-2009 03:56 PM
Obama sets Chrysler talks rickaren Chrysler/Dodge/Jeep News 4 03-03-2009 09:01 AM
Your Mail in Rebate May Be In Jeopardy rickaren Chrysler/Dodge/Jeep News 0 11-16-2008 08:03 AM

Posting Rules  
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

For the best viewing experience please update your browser to Google Chrome