Even with tax credits plug-ins not cost-effective

Sexy, but expensive

A new study by the University of Michigan Transportation Research Institute (UMTRI) finds that the move to plug-in hybrid vehicles will not be easy. Likewise, even if the current Federal Tax Credit for plug-in vehicles - ranging from $2,500 to $7,500 based on battery pack capacity - were made permanent, even more incentives would be required to achieve any serious market penetration, such as a sales tax exemption, in addition to other subsidies.

Finish: Even with tax credits plug-ins not cost-effective