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The credit was intended to help start up these initiatives. It worked and should no longer be necessary. The initial development has been done, the charging infrastructure is building up, battery cost is coming down - that should compensate for the lost tax credit.
What remains is lower fuel cost, better comfort and driveability and less maintenance.
This is only the start of the boom.
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2011 Honda Insight + HID, LEDs, tiny PV panel, extra brake pad return springs, neutral wheel alignment, 44/42 PSI (air), PHEV light (inop), tightened wheel nut.
  lifetime FE over 0.2 Gigameter or 0.13 Megamile.
For confirmation go to people just like you.
For education go to people unlike yourself.
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