AMP joins list of plug-in electric drive motor vehicle manufacturers, including Ford Motor Company, General Motors Corporation, Tesla, Toyota, and 13 EV manufacturers in all, qualifying purchasers for $7,500 tax credit when purchasing an AMP Electric Vehicle.
The timing of AMP’s qualifying for the Federal Plug-in Electric Drive Motor Vehicle Credit of $7,500, which applies to retail and fleet buyers, couldn’t be better,” said Jim Taylor, AMP CEO. “Given the recent increase in gas prices and the low operating cost of an EV, more buyers are turning their attention to EV alternatives.”
Many states offer additional sales tax exemptions and zero emission tax credits of up to $5,000 that can also be applied to the purchase.
After the tax credit, an AMP EV buyer can drive an all-electric SUV for as little as $49,900, a very competitive price for an EV.
Fleet and retail customers can reserve an AMP electric SUV here.
