Tag Archives: green math

California Institutes $15,000 EV Subsidy from Taxpayers

This light commercial EV subsidy is part of a larger program – or folly, according to critics – which will it’s hoped speed the adaptation of commercial electric vehicles. Heretofore, fleet operators who keep stringent track of costs have not been willing to invest in EVs because of their absurdly high costs and limited range – in the EV Transit’s case, ~$50,000 and 50 miles. Continue reading

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Toyota Prices 2012 Prius Plug-in Hybrid at $32,760 and $40,285

With its tiny battery, plug-in Prius has a pure electric power range of a mere 25 miles and runs off of its gasoline engine at full-throttle. This is apparently enough to qualify for a federal taxpayer subsidy under consideration via a direct tax credit of about $2,500 in these deficit ridden times. Continue reading

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