Incentives Now in Place:

Federal:
     With the passage & signing into law of the $700B Trouble Asset Relief Program under the Emergency Economic Stabilization Act of 2008, the Energy Improvement and Extension Act of 2008 was also included. Public Law 110-343 was signed by President Bush on October 3, 2008. This law provides for a tax credit for plug-in electric vehicles like EcoV starting on Jan. 1, 2009 and for the first 250,000 qualified plug-in electric vehicles sold. The credit for light vehicles is $2500, plus $417 for each additional kWh of battery energy over 4 kWh, up to a total credit of $7,500.

With the credit:
     EcoV (no doors/closures; <$10,000) is at $6,249* (tax credit is $3,751)
     EcoV EXR (extended range with doors; <$12,999) is at $7997* (tax credit is $5,002)
     Golf carts are not qualified plug-in electric vehicles since they are not street legal vehicles

EcoV is now close to the price of a standard golf cart, but EcoV is and does so much more

(Thank you to General Motors who probably helped "write/influence" the law; The Volt gets the base $2500 tax credit, leaving $5,000 available. Now divide $5,000 by 12 kWh over and above the 4 kWh the Volt has in energy storage and you get $416.67 per kWh. Now we understand where the number $417 came from, don't we?. Good job GM!)

*Consult your tax attorney for assistance; Pricing is estimated and not finalized at this point in time.

State:
     These laws and incentives are always changing; the best source to check with is: DOE Alternative Fuels and Advanced Vehicles Data Center or check with your Department of Motor Vehicles for the latest laws or your State Tax Department.