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Should People Who Drive Electric Cars Get Tax Breaks?

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    James Bell discusses the effect of policy on electric vehicles.

  • Duration 5:20
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Rid of them should we be offering tax breaks to people who drive electric musical.

Good -- -- -- -- auto show right now James Bell head of consumer affairs with General Motors with us.

First -- about the auto show what is new and fabulous out there right now.

Well this for some of into the Denver show and it's a great big space a lot of new cars I think it's gonna be a great shopping show for people you know.

The average age of a car and American drivers -- now -- over ten years old so lot of people haven't been new car show.

Ford dealership in a while so you know these little smaller town shows like this are great chance -- yourself what's available.

Let's talk about this -- electric vehicle thing then.

You know sure -- get a lot of mixed messages from make isn't it it is it worth the money first -- -- Here's okay here's my view monogamy General Motors -- as my view.

It is really a case of the fact the people haven't been in the marketplace along time they're driving a car that maybe they've you know put an extra set of tires on.

Now -- -- breaks they don't spend the money on it.

They've heard about these electric cars are there but they have -- norm for a while they haven't really learn what they need to know.

My view is that these incentives allow people to kind of say well let me let me really consider what my driving habits are what does my family need.

You know the average American drives twenty miles per day.

This Chevy Volt -- my shoulder here -- thirty miles on -- gasoline free just on electric.

So I think these incentives are going to be able make people say okay.

Let me consider those vehicles maybe it's not right for you if you drive you know 120 miles a day -- electric cars possibly not right for you.

But at least these incentives are gonna inspire people to have a look.

There's great savings to be had 7500 dollars from the federal government here in Colorado another 6000 on top of that.

So -- that's my view I think it just will give people pause to say okay what do I really need to my next car and even if that leads him into buying just.

A standard sedan or you know compact car that saves fuel well then the same result is is one.

About thirty states have some sort of electric vehicle tax incentive right now Colorado where you are I had the most generous tax credits -- -- -- cause.

And plug in hybrids -- Citi 5000 -- federal 6000 at this stage X thirteen.

That actually happened red -- Not have to break right a quarter of the price of the car though isn't.

Well the average today and today apes retails for about 20000 dollars so this last 40000 dollars Chevy Volt -- my shoulder you put those incentives and.

Your -- at the end national average and to my Camry -- -- I go for -- Now a lot of that in the both gotten a lot of press both ways good bad.

You do you actually think that this is where we're going this whole notion of electric hybrid.

Tracy you know I've worked together many times and in previous lives ahead.

And you know I'm always been high on these things and I definitely see vehicles like this Nissan leaf the Toyota Prius you know we're gonna look back on this.

Day ten years announce -- that's where it all started electrification.

Is going to be part of propulsion going forward for a couple reasons the fuel economy mandates that the US -- -- European governments are putting on and the Chinese Government.

And also the emissions standards.

If you electrify in the engineers are running and you now putting out pollutants it's a real simple calculation.

What about this -- there's going to check that came out using natural gas when you think that.

-- natural gas is a great idea I mean we've got the abundant supply that it's much less expensive.

They really becomes a distribution issue you if you can't get it on every street corner.

And it really doesn't make sense I mean I live in Southern California and I semi -- I think there's like six places in the entire LA basin -- to get natural gas and -- work for a company that uses them in their fleets.

So if it is a fine idea but it always comes down to distribution in.

Any you know we're seeing a lot more electrical charging stations start to pop out -- libraries of shopping centers Starbucks and so forth so.

Yeah I think that's gonna electrification is gonna catch on and become much more mainstream than than natural gas or any other fuel.

Yeah it's it's huge it's a two -- story right you know OK I wanna go a -- him but I got to know that there places for me to plug in recharge and so and I think maybe until we see that the -- -- proliferation of that more.

You might have more people estimate on the electric bandwagon before I let you go what are -- -- vehicle that you guy shown today.

-- the vehicle that I think.

We're most excited to show people in Colorado because they haven't seen before is the Cadillac CTS.

This is a news small sport sedan going right after the BMW three series and Mercedes C class two liter Turbo -- four cylinder engine so it gets great if you look at.

-- fuel efficiency but also puts out 270 horsepower.

-- will drive.

5050 weight balance I think Cadillac -- and I -- driven yet but when you look at the numbers on it be talking to engineers but I cadillacs get a proper driving machine to share.

Like that.

-- Cadillac -- been around -- thank you.

Got less Cadillac you know and kid that's added that he standard Italian vehicle ever on -- daddy but.

-- awesome well I think -- come back to that I don't James -- head of consumer affairs and General Motors thank you so much for taking the time as always.

It's 800 -- thank you.

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