Home / Resources / Other / Learn More About Plug-in Related Stimulus Funding

See the Project Get Ready listing of funding opportunities here.

To review an additional resource outlining current funding and procurement opportunities, browse the ITECS insider website.

To view a detailed breakdown of plug-in related stimulus grants as of March 26, 2009, click here.

Overview of implications of American Recovery and Reinvestment Act for plug-in vehicles (by Laura Schewel)

  • $2 billion for advanced battery manufacturing,
  • 30% credit for advanced energy investments, such as plug-in vehicle manufacture,
  • A credit of $2,500 to $7,500, depending on size of battery,1 for electric-drive vehicles under 14,000 pounds GVWR sold after December 31, 2009:
    • The credit will phase out by maker. Each maker will get to give their consumers 100% credit  for 200,000 vehicles, and all additional vehicles sold in the first quarter after the quarter containing the date at which the manufacturer hits the 200,000 limit. The “phaseout” period begins in the following quarter.
    • In the first and second quarter of the “phaseout,” all consumers buying electric-drive vehicles sold by this manufacturer get 50% of the previous credit.
    • In the third and fourth quarter of the “phaseout,” all consumers buying electric vehicles sold by this manufacturer get 25% of the previous credit.
    • After the fourth quarter, there is zero credit for electric drive vehicles from this manufacturer.
    • There does not appear to be a termination date for this portion of the bill (unlike the low speed and conversion kit terminations.
    • There does not appear to be a limit to the number of vehicle manufacturers that can qualify for this process.
  • 10% credit for low speed electrified vehicles, up to $2,500 until December 31, 2011.
  • 10% separate consumer tax credit for 2-3 wheeled vehicles (up to $25,000 for a $2500 tax credit). This incentive helps the already available vehicles including electric motorcycles and enclosed 3 wheelers like Aptera, Persu Mobility, and Myers Motors. Vehicles must have a minimum of 2.5 kWH or battery energy.  Sunsets 12/31/2011.
  • $400 million for deployment of plug-in infrastructure and vehicles.
  • $300 million to regional deployment of electric drive and alternative fuel vehicles.
  • $300 million for the federal purchase of commercially available high-efficiency vehicles (including hybrid, plug-in hybrid, and battery electric vehicles) to remain available until September 30, 2011.
  • 10% credit for conversion kits up to $40,000 credit until December 31, 2011. To qualify, conversion kits must still meet Clean Air requirements.
  • $10 million additional for administration of Advanced Technology Vehicles Manufacturer Loan Program and $6 billion additional to Innovative Technology Loan Guarantee program which could go to plug-ins.
  • $54M for tax credits on Alternative Refueling Property (including EV/PHEV charging: they raised the limit from 30% and $30,000 to 50% and $50,000 until 1/1/2011)
  • Increased the residential refueling property tax credit to 50% capped at $2000. This is a TARP modification.