PHOTO CAPTION: Zero Motorcycles sales should benefit from extension of tax credit for another year.

Avoiding USA 'Fiscal Cliff' Benefits Electric Vehicles

Various tax credits, including those on electric motorcycles extended another year.

Published: 06-Jan-2013

The issue of the “fiscal cliff” – an across-the-board leap in taxes and spending cuts – has finally been resolved in the USA after the US Senate passed a vote on New Year’s Day.

Now, an amended bill, known as the American Taxpayer Relief Act of 2012, has made a number of revisions and extensions to factors that affect alternative fuels and plug-in vehicles.

Let’s take a look at the notable sections of the bill:


Vauxhall/Opel RAD concept pedal-assist e-bike.

Computer rendering of electric pedal-assist bicycle would be answer to smart's own electric bicycle initiative.

Sparta ion RXS electric bicycle.

A large-scale market survey reports that in particular buyers in the age group under 55 years are about to enter the e-bike market.

Bionx electric-assist bicycle.

Electric-assist bicycles seen as way to make it easier for people to use dedicated bike lanes in cities like Calgary in Canada.


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