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For Immediate Release EDTA Applauds Passage of Electric Drive Incentives in H.R. 1424: Washington, DC—October 3, 2008—The Electric Drive Transportation Association (EDTA), the trade association accelerating battery, hybrid, plug-in, and fuel cell electric drive technologies and infrastructure, commends Congressional leaders for action on H.R. 1424, the Emergency Economic Stabilization Act of 2008. Included in the legislation is an important credit for purchase of plug-in electric drive vehicles. The bill also supports investment in fuel cells, electric recharging property, smart meters and grid modernization. "EDTA is extremely pleased that the bill passed today includes incentives to reduce our dependence on oil with electric drive transportation," says EDTA President Brian Wynne. "Congress has provided the paving stones for a comprehensive electric drive transportation policy, and we look forward to working with them and the new Administration next year to build on this path to clean, affordable and secure transportation." About the Plug-in Electric Drive Credit: The energy package establishes a credit for purchase of plug-in electric drive vehicles, which will help consumers and manufacturers to grow the marketplace for clean, efficient cars and trucks. Credit Amount/Criteria: Plug-in electric drive vehicles with batteries of at least 4 kWh qualify for a $2,500 credit. An additional $417 is provided for each additional kWh, up to $7,500 for vehicles up to 10, 000 lbs. Vehicles up to 14,000 lbs qualify for a $10,000 credit. Vehicles between 14,000 and 26,000 lbs qualify for a $12,500 credit. Vehicles over 26,000 lbs qualify for a $15,000 credit. Phase-out: The credit begins to phase out after 250,000 qualifying vehicles are sold in the U.S. Expiration: The credit expires at the end of 2014. AMT: The credit is available against the alternative minimum tax. About EDTA: The Electric Drive Transportation Association (EDTA) is the trade association representing battery, plug-in, hybrid and fuel cell electric drive technologies and infrastructure. EDTA conducts public policy advocacy, education, industry networking, and international conferences. EDTA's membership includes automotive and other equipment manufacturers, energy companies, technology developers, component suppliers, and government agencies. For more information about EDTA and its members, visit www.electricdrive.org. |
December 29, 2007
LionEV announces a record setting cross country trek solely by EV. Departing from San Diego, CA and arriving in Virginia Beach, VA. The demonstration will prove the viability of EV's in replacing the ICE vehicles we are currently dependent upon. Temporary EV service stations will be set up at each of the break points along the route of the demonstration. Vehicle recharge will take 5 minutes. 2 El Centro, CA To Gila Bend, AZ travel 175 miles 3 Gila Bend, AZ To New River, AZ travel 96 miles 4 New River, AZ To Winslow, AZ travel 167 miles 5 Winslow, AZ To Gallup, NM travel 130 miles 6 Gallup, NM To Albuquerque, NM travel 139 miles 7 Albuquerque, NM To Tucumcari, NM travel 176 miles 8 Tucumcari, NM To Amarillo, TX travel 114 miles (Purchased Corporate donor. Driver to be announced. Friends of the EV in Del Rio, TX.) 10 Elk City, OK To Oklahoma City, OK travel 112 miles 11 Oklahoma City, OK to Henryetta, OK. Travel 91 miles. 12 Henryetta, OK To Van Buren, AR travel 100 miles 13 Van Buren, AR To Conway, AR travel 123 miles 14 Conway, AR To Forrest City, AR travel 118 miles 15 Forrest City, AR To Memphis, TN travel 48 miles Drivers must be at least 18 years of age, and in reasonably good health. Support vehicles are provided as well as relief drivers should the driver wish to take an additional break during the leg of his or her trip.
Trip legs are designed for no more than two hours of drive time for each driver. In some cases the distance is greater than 110 miles so additional breaks are included for the driver. The total time for the trip is estimated at 60 hours.
Participation is open to all drivers and groups. An entrance fee of $5,000.00 is required for a driver to perform one leg of the trip. This fee includes participation in this historic cross country trip, Airfare to Virginia Beach Virginia for the arrival ceremony, dinner and press conference reception, and lodging at the Hilton Ocean front hotel.
The trip will be scheduled once we have 24 sponsored drivers!
Corporate sponsored drivers are welcome!
To place your name or a sponsored driver's name on the driver list send email to: MakingHistory@LionEV.com Include your choice of trip legs in your email.
To view the trip map click HERE.
Trip Legs and distances:
1 San Diego, CA To El Centro, CA travel 113 miles
9 Amarillo, TX To Elk City, OK travel 150 miles
16 Memphis, TN To Nashville, TN travel 215 miles
17 Nashville, TN To Knoxville, TN travel 181 miles
18 Knoxville, TN To Colonial Heights, TN travel 95 miles
19 Colonial Heights, TN To Whytheville, VA travel 90 miles
20 Whytheville, VA To Lexington, VA travel 121 miles
21 Lexington, VA To Charlottesville, VA travel 70 miles (Purchased corporate donor, driver to be announced. Blue Ridge Electric Vehicle Association.
22 Charlottesville, VA To Richmond, VA travel 70 miles
23 Richmond, VA To Hampton, VA travel 79 miles
24 Hampton, VA To Virginia Beach, VA travel 31 miles (Purchased corporate donor, driver to be announced.)
Total elapsed time 56.50 hours
