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Federal Tax Credits For Plug-In Hybrids, Electric Cars
2014-08-21 21:49:50| AutomotiveDigest.com - Automotive Industry News
If you want to get a special incentive for driving a hybrid, you're a few years too late; but a tax credit applies to nearly every electric car and plug-in hybrid on the market and it can, in some cases, effectively reduce your cost for such a model to that of an ordinary gasoline vehicle (or even less). The widely mentioned $7,500 tax credit is arguably confusing from the start. The federal government gives information on it from a 'Tax Incentives Resource Center,' but it isn't treated as an incentive or rebate to consumers, so you don't get it at the time of purchase. It's not a tax deduction (a reduction in taxable income) either. With a tax credit, you reduce the amount of income tax you owe. READ MORE to learn what you need to know. The Article Federal Tax Credits For Plug-In Hybrids, Electric Cars appeared first on Automotive Digest.
Tags: cars
tax
federal
credits
Flashing LEDs could create a mesh network for self-driving cars
2014-08-20 21:55:50| Extremetech
Forget radar--it may be possible to create a mesh network for cars with a few flashing LEDs.
Tags: create
network
cars
mesh
10 Ugliest Cars of 2014
2014-08-20 17:27:57| Auto Dealers - Topix.net
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Buyer beware: Flooded cars hitting market
2014-08-20 13:13:25| Auto Dealers - Topix.net
Buyers beware - if you're in the market for a used car, you could end up spending good money on one that was flooded two weeks ago in Collier County, and not even know it.
Tags: market
cars
buyer
hitting
LG Chem says wins battery order from Audi for plug-in hybrid cars
2014-08-20 07:07:26| Chemicals - Topix.net
LG Chem said the deal was "worth hundreds of millions of dollars" but declined to give further details.
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