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Introduced in January 2022, the Silverado EV went on sale in 2023 for the 2024 model year in the North American market. Despite using the Silverado nameplate, the vehicle does not share its underpinnings with the ICE-powered Silverado, as it is built on a narrower version of the dedicated electric platform used by the GMC Hummer EV.
As of October 2021, the state government's official policy goal is to have 1 million electric vehicles in Illinois by 2030. [2] In July 2022, the state government started issuing tax rebates of $4,000 for electric vehicle purchases. This amount will drop to $2,500 in 2026 and $1,000 in 2028. [1]
The rebate would be available at the point of sale allowing consumers to avoid a wait of up to a year to apply the tax credit against income tax returns. [ 75 ] [ 76 ] [ 77 ] In March 2014, the Obama administration included a provision in the FY 2015 Budget to increase the maximum tax credit for plug-in electric vehicles and other advanced ...
In 2013 a University of Central Florida design team, On the Green, worked to develop a bolt-on hybrid conversion kit to transform an older model vehicle into a gas-electric hybrid. [79] A conversion of a 1966 Mustang was demonstrated by an engineer in California. The system replaced the alternator with a 12 kW (30 kW peak) brushless electric motor.
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The carmaker plans to introduce 10 new plug-in hybrid models by 2017, and its next release was the Mercedes-Benz C 350 e, Mercedes' second plug-in hybrid after the S 500 Plug-In Hybrid. [92] Other plug-in hybrid released in 2015 are the BYD Tang , Volkswagen Passat GTE , Volvo XC90 T8 , and the Hyundai Sonata PHEV .
Electric car conversion has gone from being exclusively conducted by hobbyists and enthusiasts, to a rapidly growing industry. [1] [2] U.S. Electricar was one of the first commercial electric car conversion companies, founded in the 1970s to sell converted versions of conventional cars in the United States using lead-acid battery storage systems.
It introduced plug-in hybrid electric vehicle (PHEV) upgrade kits in February 2006. In February 2007, Hymotion was acquired by A123Systems , the manufacturer of the batteries that Hymotion uses for upgrades.