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The U.S. Energy Policy Act of 2005 established a federal income tax credit of up to $3,400 for the purchase of new hybrid vehicles, purchased or placed into service after December 31, 2005.
The following table compares official EPA ratings for fuel economy (in miles per gallon gasoline equivalent, mpg-e or MPGe, for plug-in electric vehicles) for series production all-electric passenger vehicles rated by the EPA for model years 2015, [1] 2016, [2] 2017, [3] and 2023 [4] versus the model year 2016 vehicles that were rated the most efficient by the EPA with plug-in hybrid ...
Fuel consumption monitor from a 2006 Honda Airwave.The displayed fuel economy is 18.1 km/L (5.5 L/100 km; 43 mpg ‑US). A Briggs and Stratton Flyer from 1916. Originally an experiment in creating a fuel-saving automobile in the United States, the vehicle weighed only 135 lb (61.2 kg) and was an adaptation of a small gasoline engine originally designed to power a bicycle.
The full list of approved vehicles can be found at FuelEconomy.gov. Vehicle cost: To qualify for the EV tax credit, your vehicle must be below a certain price. This maximum MSRP varies by vehicle.
(as displayed in the Monroney label and the US DoE fueleconomy.gov website) Vehicle Year model Operating mode EPA rated Combined fuel economy EPA rated city/highway fuel economy Fuel cost to drive 25 miles Annual fuel cost (1) (15,000 mi) Notes Toyota Prius Prime [6] [89] 2017: Electricity (25 mi) 133 mpg-e (25 kWh/100 mi)-$0.82: $550
The greenhouse gas emission reductions are calculated as a percent reduction based on the combined city/highway fuel economy ratings for both the hybrid and non-hybrid model according to the ratings published in EPA's fuel economy guide available online at www.fueleconomy.gov.
Vehicle size classes are series of ratings assigned to different segments of automotive vehicles for the purposes of vehicle emissions control and fuel economy calculation. . Various methods are used to classify vehicles; in North America, passenger vehicles are classified by total interior capacity while trucks are classified by gross vehicle weight rating (GV
According to the "fueleconomy.gov" website operated by the EPA, violating CAFE by 2.42 MPG means consuming an extra 27 barrels (4.3 m 3) (1,134 US gallons (4,290 L)) of mostly imported fuel in 10 years which is worth $3,490 (based on 45% highway, 55% city driving for 15,000 mi (24,140 km) annually, at a fuel price of $2.95 per gallon), which is ...