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The program reduces the up-front cost of eligible cars by providing a 25% grant towards the cost of new plug-in cars capped at £5,000 (US$7,450). [ 190 ] [ 191 ] From 1 April 2015, the purchase price cap was raised to cover up to 35% discount of the vehicle's recommended retail price, up to the already existing £5,000 limit.
Both the Nissan Leaf electric vehicle and the Chevrolet Volt plug-in hybrid, launched in December 2010, are eligible for the maximum $7,500 tax credit. The Toyota Prius Plug-in Hybrid, released in January 2012, is eligible for a $2,500 tax credit due to its smaller battery capacity of 5.2 kWh.
A total of 434,498 hybrid electric vehicles were sold during 2012, and the hybrid market share of total new car sales in the country was 3.0%, up from 2.1% in 2011. [10] The top five selling hybrids during 2012 were the Toyota Prius liftback (147,503), the second generation Camry Hybrid (45,626), Prius v (1,669), Prius c (35,733), and the ...
To qualify for the federal tax credit, the plug-in hybrid you’re interested in must: 1) be purchased from a licensed dealership; 2) cost $25,000 or less; and 3) be at least two model years old ...
When you buy a plug-in hybrid, it typically comes with a level 1 charger. That's what we have, and while it does the job, it charges slowly. We usually get about three to four miles of range per ...
The MPGe metric was introduced in November 2010 by EPA in the Monroney sticker of the Nissan Leaf electric car and the Chevrolet Volt plug-in hybrid. The ratings are based on EPA's formula, in which 33.7 kWh (121 MJ) of electricity is equivalent to one (U.S.) gallon of gasoline, [ 8 ] and the energy consumption of each vehicle during EPA's five ...
Buying a plug-in hybrid electric vehicle is a great way to try living with an electric vehicle without giving up the convenience of using gasoline for longer trips. The latest plug-in vehicles ...
As of December 2015, the United States was the world's largest plug-in hybrid car market with a stock of 193,770 units. [94] About 279,000 light-duty plug-in hybrids were sold in 2016, [192] raising the global stock to almost 800,000 highway legal plug-in hybrid electric cars at the end of 2016.