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PHOTO CAPTION: Electric motor being installed in gasoline car conversion. $4,000 tax credit would also be eliminated.

Trio of Electric Car Tax Incentives Set to Expire

Tax credit for both home and commercial charging stations, worth $1000 and $30,000 respectively will expire December 31, 2011.

Published: 29-Dec-2011

Just as several new plug-in electric vehicles are headed to showrooms, the government is letting expire a tax credit for installing home and commercial charging equipment.

A tax credit for chargers ends Saturday, even as proponents press Congress to reinstate it, perhaps retroactively, in January.

"The timing of this couldn't be more unfortunate," coming just as more electric cars are on the way, says Genevieve Cullen, vice president of the Electric Drive Transportation Association, a trade group for the electric-vehicle industry.

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