$7500 tax credit insufficient to drive plug-in sales?
How much to spur sales?While the $7,500 federal tax credit available for buying plug-in hybrids is good, larger incentives will be needed to lift sales of plug-ins like the Chevy Volt.
"The costs are very high. The volumes are low," Jonathan Lauckner, vice president of global program management said during The Business of Plugging In Conference in Detroit. "We are competing against a technology, the internal combustion engine, that has been continuously developed and has a 100-year headstart."
Thus, Lauckner suggested more incentives would be needed to drive plug-in sales, at least Volt sales.
So, how much is enough to spur plug-in vehicle sales?
Isn't it possible that the Volt is simply a cost-ineffective technology compared to other plug-in vehicles?
Labels: plug-in hybrid vehicles
posted by Dahcredyns at
7:30 AM
4 Comments:
Indigo Incarnates
I have no desire whatsoever for my taxes (at my $30k salary) to be used so that people making $100k can buy a Volt.
Well, it's not just for the Volt, although many have complained that the tax credit was written for the Volt.
Are you in favor of tax credits for plug-in vehicles at all?
Aluminum cars....hmmmm, Did you know aluminum is linked to Alzhiemers Disease!! Keep that on mind!?
i have heard of that connection, but usually in terms of ingestion. i'm not sure an aluminum car leads to the ingestion of aluminum.
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