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Incentives may also vary based on how well the car in question performs in these “green” categories. [8] For example, the buyer of a Tesla Roadster , a fully electric vehicle, will receive a much larger tax credit than the buyer of a standard hybrid, which will pollute much more during its lifespan. [ 9 ]
These incentives mainly take the form of purchase rebates, tax exemptions and tax credits, and additional perks that range from access to bus lanes to waivers on fees (charging, parking, tolls, etc.). [1] The amount of the financial incentives may depend on vehicle battery size or all-electric range. Often hybrid electric vehicles are included.
The Honda Pilot is a mid-size crossover SUV with three-row seating manufactured by Honda since 2002. [3] Primarily aimed at the North American market, the Pilot is the largest SUV produced by Honda. Pilots are currently manufactured in Lincoln, Alabama , and the Pilot was produced in Alliston, Ontario until April 2007.
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Vehicles must be purchased or leased on or after March 15, 2010. Rebates initially of up to US$5,000 per light-duty vehicle, and later lowered to up to US$2,500, are available for individuals and business owners who purchase or lease new eligible vehicles. Certain zero-emission commercial vehicles are also eligible for rebates up to US$20,000.
Financial incentives for consumers are aiming to make electric car purchase price competitive with conventional cars due to the higher upfront cost of electric vehicles. Depending on battery size, there are one-time purchase incentives such as grants and tax credits ; exemptions from import duties; exemptions from road tolls and congestion ...
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