xcel
03-27-2007, 02:45 AM
“In order to maximize the benefits of the new, clean technology, it is important to have these tax credits available the day these vehicles hit the salesroom.” (http://camp.house.gov/press/PressRelease.aspx?NewsID=1830)
http://www.cleanmpg.com/photos/data/501/Hymotion_Escape_PHEV-50.jpgRepresentative Dave Camp - Mar. 22, 2007
Could an even more advanced PHEV like the Hymotion PHEV modded FEH be in your future?
Washington, DC – Looking to charge up the alternative fuel vehicles market, U.S. Rep. Dave Camp (R-Midland) today introduced new legislation that would provide individuals and businesses with a tax credit for the purchase of battery powered automobiles.
“Reducing our dependence on foreign crude oil hinges on utilizing new technologies,” said Camp. “Unfortunately, new technologies always cost more at the start. My tax credits will help put the cost of hybrid electric vehicles more in line with their traditional, gasoline counterparts.”
Camp, who authored existing tax credits for hybrid vehicles, said the new credit would add incentives to manufacturers already exploring the viability of “plug-in” vehicles. A qualifying vehicle would have to have at least 4 kilowatt hour of battery capacity. The amount of the credit would be the lesser of 10 percent of the cost of the vehicle or $4,000 plus $250 for each additional kilowatt hour of battery capacity above 4 kilowatt hours and up to 50 kilowatt hours.
In order to appeal to varying automakers, the bill does not discriminate between types of plug-in vehicles such as pure battery electric, extended range electric, hybrid electric and plug-in fuel cell vehicles.
“Our domestic auto manufacturers are already working on this technology and we cannot afford to have the government playing catch-up in this area,” said Camp. “In order to maximize the benefits of the new, clean technology, it is important to have these tax credits available the day these vehicles hit the salesroom.”
Currently, each of the domestic automakers is working on plug-in vehicles. DaimlerChrysler has the Dodge “Sprinter” van, General Motors is working on the “Volt”, and Ford is researching the “Edge”. According to the manufacturers: The Dodge Sprinter van is already being tested in the United States. The Sprinter has the ability to operate in all-electric mode or hybrid mode. The battery packs (lithium-ion or nickel-metal hydride) enable the vehicle to travel long distances in electric-only mode with an electric range of up to 20 miles. On short urban routes with a lot of stop-and-go driving the vehicle may operate for most of the day in electric mode. In hybrid mode, the vehicle performs like a standard hybrid, with significantly lower emissions, regenerative braking and greatly improved fuel economy.
GM’s Volt is a battery-powered electric vehicle that uses a gas engine to create additional energy to extend its range. The Volt can be fully charged by plugging it into a 110-volt outlet for six hours a day. When the lithium-ion battery is charged, the Volt can go 40 city miles on pure electric vehicle range. When the battery is depleted, a 3-cylinder engine spins to create electricity to replenish the battery. In addition, the Volt is designed to run on E85 and if the driver forgets to charge the vehicle or goes on vacation and travels a long distance, the Volt would get 50 MPG by using the engine to convert gas into electricity and extending its range by to 640 miles.
The Ford Edge uses a battery powered plug-in hybrid with a fuel cell that operates as an on-board charger. The vehicle operates in “battery only” mode for the first 25 miles at speeds up to 85 MPH. When the battery is depleted to 40% the fuel cell automatically starts up and recharges the battery, giving the vehicle an extra 200 miles of range.
http://www.cleanmpg.com/photos/data/501/Hymotion_Escape_PHEV-50.jpgRepresentative Dave Camp - Mar. 22, 2007
Could an even more advanced PHEV like the Hymotion PHEV modded FEH be in your future?
Washington, DC – Looking to charge up the alternative fuel vehicles market, U.S. Rep. Dave Camp (R-Midland) today introduced new legislation that would provide individuals and businesses with a tax credit for the purchase of battery powered automobiles.
“Reducing our dependence on foreign crude oil hinges on utilizing new technologies,” said Camp. “Unfortunately, new technologies always cost more at the start. My tax credits will help put the cost of hybrid electric vehicles more in line with their traditional, gasoline counterparts.”
Camp, who authored existing tax credits for hybrid vehicles, said the new credit would add incentives to manufacturers already exploring the viability of “plug-in” vehicles. A qualifying vehicle would have to have at least 4 kilowatt hour of battery capacity. The amount of the credit would be the lesser of 10 percent of the cost of the vehicle or $4,000 plus $250 for each additional kilowatt hour of battery capacity above 4 kilowatt hours and up to 50 kilowatt hours.
In order to appeal to varying automakers, the bill does not discriminate between types of plug-in vehicles such as pure battery electric, extended range electric, hybrid electric and plug-in fuel cell vehicles.
“Our domestic auto manufacturers are already working on this technology and we cannot afford to have the government playing catch-up in this area,” said Camp. “In order to maximize the benefits of the new, clean technology, it is important to have these tax credits available the day these vehicles hit the salesroom.”
Currently, each of the domestic automakers is working on plug-in vehicles. DaimlerChrysler has the Dodge “Sprinter” van, General Motors is working on the “Volt”, and Ford is researching the “Edge”. According to the manufacturers: The Dodge Sprinter van is already being tested in the United States. The Sprinter has the ability to operate in all-electric mode or hybrid mode. The battery packs (lithium-ion or nickel-metal hydride) enable the vehicle to travel long distances in electric-only mode with an electric range of up to 20 miles. On short urban routes with a lot of stop-and-go driving the vehicle may operate for most of the day in electric mode. In hybrid mode, the vehicle performs like a standard hybrid, with significantly lower emissions, regenerative braking and greatly improved fuel economy.
GM’s Volt is a battery-powered electric vehicle that uses a gas engine to create additional energy to extend its range. The Volt can be fully charged by plugging it into a 110-volt outlet for six hours a day. When the lithium-ion battery is charged, the Volt can go 40 city miles on pure electric vehicle range. When the battery is depleted, a 3-cylinder engine spins to create electricity to replenish the battery. In addition, the Volt is designed to run on E85 and if the driver forgets to charge the vehicle or goes on vacation and travels a long distance, the Volt would get 50 MPG by using the engine to convert gas into electricity and extending its range by to 640 miles.
The Ford Edge uses a battery powered plug-in hybrid with a fuel cell that operates as an on-board charger. The vehicle operates in “battery only” mode for the first 25 miles at speeds up to 85 MPH. When the battery is depleted to 40% the fuel cell automatically starts up and recharges the battery, giving the vehicle an extra 200 miles of range.