Proposed Bill to Increase Number of Plug-in Hybrid and EVs Eligible for Federal Tax Rebate

Michigan congressmen Sander Levin and Carl Levin proposed a new piece of legislation on Wednesday, which would potentially increase the number of plug-in hybrid and electric vehicles eligible for the $7,500 tax credit from 200,000 to 500,000 per manufacturer.“Green vehicles represent the vanguard of automotive innovation, but they have to be economical for consumers and profitable for