US Extends Federal Tax Credit for Electric Motorcycles through 2013

With most of the top-drawer electric motorcycles being more expensive than the traditional machines in the same "class", seeing the US authorities extending the tax credit as incentive for buying electric motorcycles is really a nice move for the end of 2012 and early 2013.

With pretty much all the talks ending up with the same “we need more money” some feared that the crisis will have these government incentives pulled off... well, things are still on the right path, with the tax credit still in place.

This means a tax credit which can cover up to 10% of the vehicle's price, but no more than $2,500 (€1,896). This federal tax credit applies to all plug-in two- and three-wheeled vehicles. So, you can either go for a really cheap electric scooter and end up paying even less for it, or you can revise your plans and finally get an exquisite Brammo bike or something like it.

With the increasing number of charging stations, such incentives may help the EV industry pick up the pace even more.