Published on September 17th, 2012 | by Nicholas Brown6
Electric Vehicle Converters Petitioning White House for Tax Incentives
Organizations and electric vehicle converters are petitioning the White House for tax incentives to financially aid the conversion of fossil-fueled propulsion systems to electric systems. It is called the “Equal Incentives for Conversion” petition.
According to the petition on the White House website:
“While the Federal government should continue providing Qualified Plug-in Electric Drive Motor Vehicles (IRC 30D) tax incentives for new plug-in vehicles, they should extend the same incentives to EV / plug-in conversions. Conversions target 250M existing vehicles on the roads, can save over 40% of fuel use or no fuel at all, have a smaller carbon footprint than new car since they reuse most of the original vehicle, and cost less to buy as an incremental expense making plug-in more affordable.”
Jon Lesage from Autoblog Green asked: “Why is it that you can get a $7,500 federal tax credit on your electric vehicle manufactured by a major automaker, but not on your converted EV or plug-in hybrid?”
Electric vehicle conversion is the only option for people that want electric versions of specific cars. Right now, if you want an electric car from a mainstream manufacturer, it has to be a new Nissan Leaf, Chevy Volt, or Ford Focus, and new cars are always very expensive. Three choices simply doesn’t cut it.
What if you want a Volvo, Acura, or a Dodge? Electric vehicle conversion can be fun, of course, but it also enables you to have an electric version of any model that you want. If you DIY, you can save money by avoiding labour costs.
Most people can’t do this themselves, but they can have organizations do it for them.
Electric vehicle converters may have the potential to really help get the electric vehicle industry off the ground if they receive substantial tax incentives.
Most people buy the vehicles that they personally want to. Aesthetics and brand play a truly tremendous role in vehicle purchase decisions, so there will have to be a large variety of vehicles to choose from, which is why this is so important.
25,000 signatures are needed for this petition to be considered by the White House, and, so far, it is far from that goal.
If you support it, go ahead and sign it!
Source: Autoblog Green