The FalconEV is a supplier of electric scooters and bikes in the southeast. On February 25th, New Leaf Market is sponsoring a presentation on adapting to this fuel efficient alternative to gasoline power.
Light electric vehicles or LEVs, electrically-driven machines, now qualify for a ten percent federal tax credit up to $2,500. Included for the first time in the amended federal tax credit code are two and three-wheeled electric vehicles.
Also qualifying are four-wheeled, lithium battery-powered neighborhood electric cars known as NEVs. Also known, from personal experience, as those vehicles driven by dangerously angry residents of The Villages.
In order to qualify for the credit, two and three-wheeled vehicles must have a battery pack with a minimum of 2.5 kWh of stored energy capacity. NEVs would have to have a 4 kWh battery capacity.