Wednesday, October 19, 2011

Ford Transit Connect Electric to qualify for $15,000 rebate in California

Transit Connect Electric

The California Air Resources Board (CARB) is set to add an additional category to its Hybrid Incentive Voucher Program (HVIP) that awards buyers of zero-emissions light-duty commercial vehicles, including the Ford Transit Connect Electric, a discount of up to $15,000 on their green vehicle purchase.

Starting in November, light-duty zero-emissions commercial vehicles with a GVWR between 5,001 and 8,500 pounds will be eligible for vouchers of up to $15,000 in California. This discount will reportedly be available to all fleets, public or private, that register the zero-emissions vehicles in the state of California. This $15,000 discount, coupled with the federal government's $7,500 tax credit, means that some buyers of the Transit Connect Electric will get a whopping $22,500 off the vehicle's $57,400 price tag.

Vouchers for the light-duty zero-emissions category are valued at $15,000 for a fleet's first vehicle ordered, with $12,000 off all purchases thereafter for the remainder of Fiscal Year 2011. Proposed vouchers for Fiscal Year 2012 dip to $12,000 for the first three vehicles, $10,000 for the next 27 purchased, $8,000 for vehicles 31-65 and $6,000 for vehicles 66-100.


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