About 'electric motor'-Elon Musk details Hyperloop: public transit via aluminum pods and electric motors
Nevada does have a few incentives for people looking to get an electric or hybrid vehicle. There are not a lot of incentives, however the ones that are offered are pretty good. On the federal level there is: * The alternative fuel vehicle refueling property credit. This can be a credit of $2,000 to $50,000 for the qualified cost of alternative refueling property. It is a non-refundable income tax credit. It does expire on December 31, 2010. * The new qualified plug in electric drive motor vehicles. There is a income tax credit up to $7,500 when a new qualified electric drive vehicle is purchased. $2,500 is allowed for each vehicle, then there is the $417 for the first 5 kilowatt hours of capacity and then another $417 for every additional kilowatt hour of capacity, which comes to a total of $5,000. The vehicle does need to be purchased new and not from resale. It must be purchased new from the manufacturer. It weight must be under 14,000 pounds and the electric motor must do the majority of the work through use of a battery. On the state level there is: * An electric vehicle that is a taxi cab is given a life extension. A taxi cab may stay bin service two years longer then the regular fueled taxi cabs. The electric taxi cab is allowed to stay in service for twenty four months, compared to the standard limits that state that a taxi cab can operate for sixty seven months when it is new of fifty five months when it is a used taxi cab. * The authorization of the high occupancy vehicle or HOV lane exemption. Drivers can use the HOV lane regardless of how many people are actually in the vehicle. * An exemption of hybrid and electric vehicles that are less than five years old, they are exempt from the emissions program in both Clark County and Washoe County. |
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