Tax Incentives
In California, manufacturers of SULEVs can be given a partial credit for producing a Zero Emission Vehicle (ZEV) and so a vehicle of this type can be administratively designated as a Partial Zero-Emission Vehicle (PZEV). In order to qualify as a PZEV, a vehicle must meet the SULEV standard and, in addition, have zero evaporative emissions from its fuel system plus an extended (15-year/150,000-mile (241,000 km)) warranty on its emission-control components.
In the case of hybrid vehicles this warranty is extended to the electric propulsion components (electric motor/generator/starter, battery, inverter, controls) and their mechanical interface to the driveline - potentially a distinct advantage to the owner of such a vehicle.
See California AB 1493 .
Read more about this topic: Super Ultra-low Emission Vehicle
Famous quotes containing the words tax and/or incentives:
“I have no doubt that it was a principle they fought for, as much as our ancestors, and not to avoid a three-penny tax on their tea; and the results of this battle will be as important and memorable to those whom it concerns as those of the battle of Bunker Hill, at least.”
—Henry David Thoreau (1817–1862)
“Perestroika basically is creating material incentives for the individual. Some of the comrades deny that, but I can’t see it any other way. In that sense human nature kinda goes backwards. It’s a step backwards. You have to realize the people weren’t quite ready for a socialist production system.”
—Gus Hall (b. 1910)