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Alternative Motor Vehicle Credit: Individuals who qualify for this tax credit must be the original buyers of eligible vehicles powered by alternative energy sources for business or investment use ...
Over the past year, rules governing vehicle qualification have been revised to address battery size, price caps and vehicle sales limits. However, it looks like there’s only 10 EVs eligible for ...
In addition to tax breaks, hybrid vehicles and other alternative fuel vehicles benefit from a fuel consumption tax that pays bonuses to passenger cars with low carbon dioxide output. Alternative fuel vehicles, including hybrids, qualify for as much as €800 (around US$1,120) in annual bonuses. This bonus was valid from 1 July 2008 until 31 ...
An alternative fuel vehicle is a motor vehicle that runs on alternative fuel rather than traditional petroleum-based fossil fuels such as gasoline, petrodiesel or liquefied petroleum gas . The term typically refers to internal combustion engine vehicles or fuel cell vehicles that utilize synthetic renewable fuels such as biofuels ( ethanol fuel ...
In Canada, since 1996, Alternative Fuels Regulations SOR/96-453 Alternative Fuels Act defined alternative fuel: For the purposes of the definition alternative fuel in subsection 2(1) of the Act, the following, when used as the sole source of direct propulsion energy of a motor vehicle, are prescribed to be alternative fuels: (a) ethanol;
The point was to promote the adoption of alternative-fuel vehicles and help meet environmental goals, said Ronald Ongtoaboc, public information officer for the California Department of Motor Vehicles.
Second, in Section 702, changes from discretionary to mandatory the authority of the General Services Administration (GSA), and any other federal agency that procures motor vehicles for distribution to other federal agencies, to allocate the incremental cost of alternative fueled vehicles over the cost of comparable gasoline vehicles across the ...
Part 538: [86] Manufacturing incentives for alternative fuel vehicles; Part 541: [87] Federal motor vehicle theft prevention standard; Part 542: [88] Procedures for selecting light duty truck lines to be covered by the theft prevention standard; Part 543: [89] Exemption from vehicle theft prevention standard; Part 544: [90] Insurer reporting ...