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Swedish Government Gives Cash to Green Car Buyers Edit

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Swedish Government Gives Cash to Green Car Buyers
 Published: Apr 2, 07
 Views: 2,291

Effect on April 1st, 2007, new car buyers will get the cash bonus when they buy a new eco-friendly car. This incentive program gives SEK 10,000 ($US1,400) in cash from the government and it runs until the end of 2009. It expects that the program will boost up the sales of green cars 10 to 15 percent per year.

 In order to qualify for the bonus the car must consume less than half a liter per ten kilometers (47 mpg US). By no means limited to hybrid or bio diesel vehicles a conventional gas-driven car can also qualify for a cash bonus. Based on fuel consumption standards, a broad range of cars qualify for the bonus. In fact, more or less all car makers have at least one model that meets the Swedish criteria for classification as a green car. (treehugger)

References:  treehugger

Filed In:  eco,  science








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Swedish Government Gives Cash to Green Car Buyers