According to an article on MSNBC.com, plug-in electric vehicles will receive up a $7500 tax credit they purchase them.  GM and Toyota are expected to have plug-ins available in a year or so.   The tax credit is part of the $700 billion bailout by the government to try to make green vehicles were affordable.  The plug-in electric cars will be even more expensive than the hybrids that are currently available for sale.  The Chevrolet Volt is expected to cost between $30,000 and $40,000. The $7500 tax credit will be needed for people to be able to afford this vehicle.  It will be interesting to see if this vehicle can sell and be a good choice for a alternative fuel car.  It sounds good on paper, but may be difficult to use because many plug-ins cannot travel very far within recharging.  We’ll have to wait and see. 

 

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