Electric motorcycles like Brammo’s forthcoming Empulse model would qualify for a tax credit.
PICKERINGTON, Ohio — Buyers of on-road electric motorcycles would continue to be eligible for up to a $2,500 tax credit under a bill approved by the U.S. Senate Finance Committee, the American Motorcyclist Association reports.
On Aug. 2, the panel approved bipartisan legislation extending dozens of tax breaks, including language offered by U.S. Sen. Ron Wyden (D-Ore.) to preserve the tax credit for buying electric motorcycles designed for the street.
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HOFFMAN ESTATES, Ill., Jul 10, 2012– GE Capital’s Commercial Distribution Finance (CDF) business has agreed to provide Brammo Inc. with inventory financing to support the expansion of its dealer network in the U.S.
“We’ve proven that we can successfully marry technology with performance and now we’re ramping up our efforts to deliver our unique products to the marketplace,” said Craig Bramscher, founder and CEO of Brammo. “This program with GE Capital will support the rapid growth of our distribution network, allowing leading motorcycle dealerships to capitalize on the growing demand for electric motorcycles.”
Zero Motorcycles is launching what it calls a new “awareness program,” albeit a naturally self-serving program, titled, Ride a Zero Motorcycle – Join the Silent Revolution Demo Day.
On Saturday, May 19, Zero dealers across the U.S. will offer free demonstration rides for qualified, licensed motorcycle riders, along with providing product overviews of Zero Motorcycles’ entire lineup.
Electric scooter company Evolve is donating for auction one of its wild-looking Xenon electric motorcycles — a dead ringer for the light cycles seen in TRON: Legacy — with proceeds going to benefit Global Green USA (www.globalgreen.org).
Designed by Parker Brothers Custom Choppers, the Evolve Xenon is powered by a 60ah custom li-ion battery providing a claimed range of 30 miles, with a 3-hour charge time. A Xenon XR is available with a 120ah battery providing a claimed range of 100 miles and a 4-hour charge time. The Xenon’s bodywork/frame is crafted from fiberglass, with functioning LED tape light trim on the body as well as on the perimeter of the bike’s 32-inch hub-less wheels.