So GM/Obama will give you up to $7,500 to buy the Volt. Where's the $7,500 come from? And they only want to provide such incentives for plug-in electric vehicles.
Their plug-in electric vehicles.
A $7,500 "rebate" at the time of purchase would get me to buy a new hybrid/alternative fuel vehicle within financial reason. But not from GM. And not a dedicated electric.
Practically everything in manufacturer's line-ups is going to be available in hybrid/alternative fuel form soon enough. That's on top of dedicated hybrid models.
We've already got:
Honda CR-Z
Honda Insight
Honda FCX Clarity
Honda Civic hybrid
Honda Civic GX NGV
Honda Fit EV
Toyota Prius III
Toyota Prius V
Toyota Prius c
Toyota Prius plug-in
Toyota Camry
Toyota Highlander
Ford Fusion
Ford Escape
Ford Focus
Ford Transit Connect
Ford C-Max
Lexus CT
Lexus HS
Lexus RX
Nissan Leaf
Nissan Altima
Hyundai Sonata
Kia Optima
With more on the way every year.
