{"id":768,"date":"2009-12-18T17:10:03","date_gmt":"2009-12-18T21:10:03","guid":{"rendered":"http:\/\/www.calemonlaw.com\/blog\/?p=768"},"modified":"2009-12-18T17:10:03","modified_gmt":"2009-12-18T21:10:03","slug":"tax-credits-for-batteries","status":"publish","type":"post","link":"https:\/\/www.calemonlaw.com\/blog\/?p=768","title":{"rendered":"Tax Credits For Batteries"},"content":{"rendered":"<p>Automakers will be receiving $220 million in tax credits to help develop battery packs for <a href=\"http:\/\/www.calemonlaw.com\/blog\/?p=705\">hybrid and plug in hybrids vehicles<\/a>.  The credits, which include $100 million for battery manufacturers and $120 million for battery pack assembly, are designed to benefit Ford Motor Co., <a href=\"http:\/\/www.calemonlaw.com\/blog\/?p=707\">General Motors Corp.<\/a> and Dow Chemical Co.<\/p>\n<p>Ford plans to move production of battery packs from Mexico to southeastern Michigan and to invest up to $500 million to assemble hybrids and lithium ion batteries there.  &#8220;This is huge,&#8221; said James McBride, vice president of the Michigan Economic Development Corp. &#8220;This is the rebirth of the auto industry in this state.&#8221;<\/p>\n<p>Despite the recent excitement over electric cars, the National Research Council thinks that it will be a few decades before we see hybrids in &#8220;meaningful numbers&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Automakers will be receiving $220 million in tax credits to help develop battery packs for hybrid and plug in hybrids vehicles. <a href=\"https:\/\/www.calemonlaw.com\/blog\/?p=768\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[145,45,15],"tags":[1621,1631],"class_list":["post-768","post","type-post","status-publish","format-standard","hentry","category-electric-cars","category-ford","category-general-motors","tag-general-motors","tag-hybrid"],"_links":{"self":[{"href":"https:\/\/www.calemonlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.calemonlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.calemonlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.calemonlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.calemonlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=768"}],"version-history":[{"count":1,"href":"https:\/\/www.calemonlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/768\/revisions"}],"predecessor-version":[{"id":769,"href":"https:\/\/www.calemonlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/768\/revisions\/769"}],"wp:attachment":[{"href":"https:\/\/www.calemonlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.calemonlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.calemonlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}