Cars

Published on September 6th, 2012 | by James Ayre

0

Puerto Rico Offers Excise Tax Breaks on Hybrids, Electric Vehicles

September 6th, 2012 by  

 

Image Credit: Mitsubishi i

Puerto Rico is looking to increase the number of its citizens driving electric and hybrid vehicles by using a unique strategy. Because excise taxes are so common there, they are offering excise tax breaks for those purchasing a hybrid or EV.

Until 2016, anyone who buys an electric vehicle will get a 100 percent excise tax exemption. And anyone buying hybrids will receive a 65 percent exemption, up to a maximum of $8,000, through July 1, 2013.

That should stimulate some clean, green vehicle purchases.

Source: AutoBlogGreen


Check out our new 93-page EV report, based on over 2,000 surveys collected from EV drivers in 49 of 50 US states, 26 European countries, and 9 Canadian provinces.

Tags: , , ,


About the Author

's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy. You can follow his work on Google+.



Back to Top ↑