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2015 Electric Cars in Production and Today's EV News

 Worlds Fastest Electric Car - Black Current III

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Newburyport adds first electric car to its fleet(November 4) - Already a “green community,” Newburyport just got a little greener with the newest addition to city equipment — an electric car. City officials recently took possession of a 2015 Ford Focus, a fully electric vehicle that does not use gasoline. It will be used primarily by parking enforcement officials as they patrol the city. Complete Story 


Georgia Electric-Car Sales Plummet After Incentive Replaced By Tax(November 4) - The Peach State previously had one of the most generous incentive programs for new electric-car purchases, offering up to $5,000 in income-tax credits to electric-car buyers. But earlier this year, legislators killed that incentive program. And seemingly adding insult to injury, they added a $200 annual registration fee for electric cars at the same time. Complete Story

Is Apple pursuing an electric car?
(November 4) - Credible press reports suggest that the company is indeed building an EV with a 600-person team. That team may soon triple, and the vehicle could be in production as soon as 2019 or 2020. Complete Story

Buffett's BYD Vs. Musk's Tesla: Electric Vehicle Race Still Undecided(November 4) - Interestingly, just as Tesla’s shine is starting to fade, the Chinese battery and electric vehicle maker BYD ’s has been soaring, reporting better sales and profits. One commentator considers BYD’s profits to outshine the chicness of Tesla. Complete Story

What are the Tax Credits for Electric and Plugin Hybrids

Federal Tax Credit for Electric Vehicles

Electric vehicles (EVs) purchased in or after 2015 may be eligible for a federal income tax credit of up to $7,500. The credit amount will vary based on the capacity of the battery used to fuel the vehicle.  Small neighborhood electric vehicles do not qualify for this credit
. Tax Table

For other Electric and Hybrid Car and Insurance Information 
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