California Considering Vehicle-Miles-Traveled Tax

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California Considering Vehicle-Miles-Traveled Tax
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California motorists that spend a lot of time on the road could be in for a shock. The state’s legislature is considering a bill that would explore a tax based on vehicle miles traveled or VMT for short. Continue Reading...

Chinese Company Wins Auction for A123 Systems

Chinese Company Wins Auction for A123 Systems
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A year riddled with controversy for electric cars is winding down, but not without at least one more flare up — Chinese firm Wanxiang Group won the bidding war for A123 Systems. Continue Reading...

IRS Tax Credits For Electric Vehicles Backfired, Fraudulent Claims Abound

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IRS Tax Credits For Electric Vehicles Backfired, Fraudulent Claims Abound
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An estimated 14,000 taxpayers claimed $37 million in tax credits meant for buyers of plug-in or electric vehicles, while attempting to pass of vehicles like the Cadillac Escalade, Chevrolet Camaro and “golf cart” as worthy of the credit. Among the most ignominous offenders were 88 prisoners and IRS employees who attempted to claim the credits…. Continue Reading...