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Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
Portugal established a government subsidy of €5,000 for the first 5,000 new electric cars sold in the country. In addition, there is in place a €1,500 incentive if the consumer turns in a used car as part of the down payment for the new electric car. [167] Electric cars are also exempt from the registration tax. [46]
The company was also desperate to get rid of unsold Oceans, after losing access to its storage facilities. They promised $1,000 in bonuses per vehicle to sales staff who sold vehicles directly without a dealership, and also set up "dealership partners" to sell vehicles on consignment. Fisker's VP of communications Matthew DeBord denied most of ...
Better Place's goal was to enable electric cars to sell for $5,000 less than the price of the average gasoline car sold in the United States, [36] or the impact of electric cars would be minimal. For example, the Prius hybrid had been sold for 13 years at a price of $4,000 more than other gasoline cars and had captured less than 2% of the ...
Cars with the lead–acid pack had a range of 80 to 100 miles (130 to 160 km), [50] while the NiMH cars could travel 120 to 140 miles (190 to 230 km) between charges. [14] The second generation EV1 leasing program expanded to several other American cities, with monthly payments ranging from $349 to $574. [ 51 ]
Buyers with incomes less than 300% of the Federal poverty level will get up to US$3,000 for a plug-in hybrid, US$4,000 for an all-electric car, and US$6,500 for a hydrogen fuel-cell car and the rebate scales down until Californian buyers with incomes over US$250,000 are no longer are eligible for incentives on hybrids or electric cars, however ...
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