2010 Toyota Prius Plug-In Hybrid, 2009 Los Angeles Auto Show
Earlier today, our partners over at GreenCarReports.com reported on the Electric Drive Transportation Association conference and their speakers’ pleas with the Fed to change the current tax credit situation for “gas-free” vehicles. According to John Voelcker, “The idea is that not every buyer may have enough income to use the maximum credit of $7,500, whereas a direct rebate of the same amount would apply across the board.” Basically, this would do two things, it would make the rebate help all people across the board like the Cash-For-Clunkers initiative in 2009 and make the “gas-free” vehicles obtainable to average consumers.
The real question at hand: Do you, the consumer, believe in plug-in hybrid technology or all-electric technology enough to buy one and would a rebate instead of a tax credit increase your desire? Leave us a comment and let us know which side of the plug you charge up on.
Also, be sure to check out the full details on the Credit versus Rebate story over at GreenCarReports.com.