ZAP Electric Vehicles
We offer multiple Zap Electric vehicles which include the
three wheeled Xebra Sedan and Xebra Truck. We also
offer the four wheeled ZapTruck XL, the Zapino electric
motorcycle, and the Zappy, a three wheeled electric
scooter. We also have access to other Zap personal
products as well.
Plug-in Electric Drive Vehicle Credit (Section 1141): The new law modifies the credit for qualified
plug-in electric drive vehicles purchased after Dec. 31, 2009. To qualify, vehicles must be newly
purchased, have four or more wheels, have a gross vehicle weight rating of less than 14,000
pounds, and draw propulsion using a battery with at least four kilowatt hours that can be recharged
from an external source of electricity. The minimum amount of the credit for qualified plug-in electric
drive vehicles is $2,500 and the credit tops out at $7,500, depending on the battery capacity. The full
amount of the credit will be reduced with respect to a manufacturer's vehicles after the manufacturer
has sold at least 200,000 vehicles.
Plug-In Electric Vehicle Credit (Section 1142): The new law also creates a special tax credit for
two types of plug-in vehicles — certain low-speed electric vehicles and two- or three-wheeled
vehicles. The amount of the credit is 10 percent of the cost of the vehicle, up to a maximum credit of
$2,500 for purchases made after Feb. 17, 2009, and before Jan. 1, 2012. To qualify, a vehicle must
be either a low speed vehicle propelled by an electric motor that draws electricity from a battery with a
capacity of 4 kilowatt hours or more or be a two- or three-wheeled vehicle propelled by an electric
motor that draws electricity from a battery with the capacity of 2.5 kilowatt hours. A taxpayer may not
claim this credit if the plug-in electric drive vehicle credit is allowable.
Conversion Kits (Section 1143): The new law also provided a tax credit for plug-in electric drive
conversion kits. The credit is equal to 10 percent of the cost of converting a vehicle to a qualified
plug-in electric drive motor vehicle and placed in service after Feb. 17, 2009. The maximum amount
of the credit is $4,000. The credit does not apply to conversions made after Dec. 31, 2011. A
taxpayer may claim this credit even if the taxpayer claimed a hybrid vehicle credit for the same vehicle
in an earlier year.
|Electric Motorcycles and Scooters