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Joe Biden was plugging upcoming EV initiatives on the road at an Indiana battery maker.  (Source: Darron Cummings Associated Press)
Biden hopes to add 300,000 more $7,500 credits

U.S. Vice President Joe Biden, speaking to workers at a battery assembly plant in Greenfield, Indiana, plugged U.S. Sen. Carl Levin's (D-Michigan) plan to expand tax credits for EV buyers and make them immediate.

Under the new proposal the cap on the number of credits per electric vehicle manufacturer would be bumped from 200,000 to 500,000.  Additionally, people would receive the credit as a direct discount, rather than having to wait to get the money back when they filed their yearly tax return.

The Vice President describes, "Just like the Cash for Clunkers program. You won't have to wait."

The measure is backed by the Alliance of Automobile Manufacturers -- an alliance between Detroit's Big Three, Toyota Motor Corp. and eight others.  In a comment to The Detroit News, they state, "[The government] can play a critical role in developing the electric infrastructure, supporting R&D for advanced batteries and providing consumer incentives."

Along with those tax incentives to buyers, Vice President Biden was also promoting the Obama administration's budget, which will be submitted to Congress next week.  That budget contains $8B USD for investing in advanced energy technology, including electric vehicles.  Over the last couple years the Vice President has been a big proponent of investment in battery systems and electrified vehicles.

Of that, $590M USD will be applied directly to vehicle research.  That includes $200M USD to help up to 30 communities expand their electric vehicle infrastructure, by adding support for chargers, etc.

Biden's visit follows one by President Obama to green small businesses in Wisconsin, plugging alternative energy research.

The Obama administration's budget will like meet with opposition at the Republican-controlled house, but the Vice President was optimistic, remarking, "We're going to reshape what Americans drive. In turn we're going to reshape America itself." 


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Ah, again...
By lifewatcher on 1/27/2011 5:32:06 PM , Rating: 5
this unfortunate guy believes that America wants to be reshaped...

Let me make sure I get this right - we all pay taxes, which in turn are spent to lower the price of the shiny new toys for the rich first adopters, who want to buy a Model S as a second vehicle?
Perhaps it all makes sense in the long run, but I can't help feeling miserable for not being able to take advantage of my own taxes.




RE: Ah, again...
By Dr of crap on 1/28/2011 8:37:48 AM , Rating: 3
Thank you for that voice of reason!

I'm so tired of those that say without the early adopters new inovations wouldn't make it.

If it was really something good it would make it on it's own, not with govt supplied cash to help it along!

My health care cost could use a bit of cash back from the govt - how about fixing that problem first!!!


RE: Ah, again...
By kattanna on 1/28/2011 11:01:41 AM , Rating: 2
exactly. PURE EV's will primarily be bought by those who already have a gas car and can afford to buy a 2nd car. why should we subsidize them?


RE: Ah, again...
By ClownPuncher on 1/28/2011 3:31:15 PM , Rating: 1
I think it's pretty simple; Biden is a putz. Even many of my *quite* liberal friends agree.


"Nowadays, security guys break the Mac every single day. Every single day, they come out with a total exploit, your machine can be taken over totally. I dare anybody to do that once a month on the Windows machine." -- Bill Gates














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