Lightning Motorcycles has signed an agreement with lithium-ion battery company Ener1 to supply batteries for its electric superbike and an upcoming lineup of motorcycle and scooter models. One of the first new production motorcycles is expected to be a street legal version of Lightning’s racebike, the inaugural TTXGP North American championship winner, and official AMA […]
Brammo Offers Price Discounts To Offset Expiring Tax Incentives
Federal tax credits for electric motorcycles expired on December 31, 2013. To make up for the loss of consumer savings Brammo has announced a $2000 discount on the 2013 Brammo Empulse and a $1000 discount on the 2013 Enertia Plus. The self-imposed incentives reduce the the Empulse’s MSRP to $14,995 from $16,995 and the Enertia Plus’ MSRP to $9,995 from $10,995. The incentives ensure that riders who want to purchase a 2013 Brammo don’t see a cost increase of 10% simply because the Federal Tax Incentive expired.
“Four wheel EVs, from the Tesla S to the Smart Car, receive a $7500 Federal Tax Credit,” says Brammo founder and CEO, Craig Bramscher. “Our customers and dealers believe that a 10% incentive on two wheel EV’s will provide benefits ranging from decreased dependence on fossil fuels to a cleaner environment, and we agree.”
Brammo continues to lobby for an extension of the Federal Tax Credit for two wheel vehicles. “It is widely accepted that federal incentives will help kick start the EV industry,” says Bramscher.
This time last year, U.S. Senator Ron Wyden (D-Ore.), Congressman Greg Walden (R-Ore.), and U.S. Sen. Jeff Merkley (D-Ore.) successfully sought an extension of the Federal Tax Credit for two wheel electric vehicles for 2012 and 2013.