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Puerto Rico Offers Excise Tax Breaks on Hybrids, Electric Vehicles

 

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

 
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Written By

James Ayre'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.

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