From the Wires
Zero Motorcycles Helps Deliver Tax Credits For Electric Motorcycles
-- Electric Motorcycles Again Eligible for 10% Federal Tax Credit --
By: PR Newswire
Jan. 4, 2013 01:06 PM
WASHINGTON, Jan. 4, 2013 /PRNewswire/ -- Zero Motorcycles, the global leader in the electric motorcycle industry, today announced the company's complete 2013 model line of street legal electric motorcycles will again be eligible for a 10 percent federal tax credit for plug-in vehicles. In addition to the 2013 model line tax credit, customers who purchased a 2012 model from Zero Motorcycles are also eligible for a retroactive tax credit from the Federal Government. The tax credit was included in the fiscal deal approved by Congress on New Year's Day. The bill was signed into law by President Obama late Wednesday night. The entire Zero 2013 model line will be on display at Washington DC Motorcycle Show this weekend (January 4-6) at the Washington DC Convention Center.
Zero Motorcycles took the lead in working with Plug-In America and a coalition of other electric motorcycle companies to ensure the plug-in tax credit would be extended, including all plug-in motorcycles. Standing together with companies coast to coast, the coalition rallied Congress to take action and expand green jobs in this exciting new industry. Zero dealers, customers and fans weighed in as well, sending letters to Congress in support of the extension of these plug-in tax credits.
"Tax credits for electric motorcycles are not only an effective way to create jobs, but they are also an investment in clean energy technology. We think that America can and should lead the world in cutting-edge clean technology," said Jay Friedland, Vice President of Strategy and Sustainability for Zero Motorcycles. "The electric motorcycle industry is rapidly responding to our country's need for affordable and environmentally responsible transportation. We're pretty excited to combine our passion for motorcycles with something that benefits everyone."
After many months of consistent work with Congress, two major plug-in tax credits, which expired at the end of 2011 were extended as part of the final "fiscal cliff" legislation just signed by President Obama. The bill passed this week:
Consumers are encouraged to speak with an authorized Zero Dealer to obtain more information about the Federal Tax Credit.
About Zero Motorcycles
For more information on Zero Motorcycles or to learn more about its complete motorcycle line including the new 2013 Zero S, Zero DS, Zero FX, Zero XU and Zero MX motorcycles, visit: http://www.zeromotorcycles.com.
SOURCE Zero Motorcycles
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