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:
“But the tax collector, standing far off, would not even look up to heaven, but was beating his breast and saying, ‘God, be merciful to me, a sinner!’”
—Bible: New Testament, Luke 18:13.
“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)