Tuesday, September 23, 2008

GM Gains Legislative Support

It's all been very gentlemanly so far. No name calling. No punches thrown. But a fight is brewing between heavyweights Toyota and General Motors over the way the government should support plug-in hybrid electric vehicles. Robert Wimmer, a Toyota research manager, told a Senate committee last week that proposed legislation "redefines plug-in electric vehicles to seemingly eliminate consumer tax credits for all but one plug-in vehicle design. Toyota believes this approach is counterproductive." The GM hybrid would be the main beneficiary of the bill, which would provide tax credits of up to $7,500. A plug-in hybrid being developed by Toyota might not qualify for a tax credit. The bill, as written, bases the credit on a vehicle's range in the electric-only mode. The Toyota design is expected to rely, more than the Volt does, on an alternating combination of electric and gasoline engine power.

My Comment (Personal Input):
What? I don't understand. GM is going to get a extra seven grand and change for making the Volt run solely on electricity? And only they benefit....quite unethical, it seems.

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