BRAMMO, an Oregon company which builds the first mass-market electric motorcycle, was featured on CNBC yesterday morning. Best Buy has invested in the company and is selling the bike in some West Coast stores, with a rollout to the rest of the country to follow. Retail price is $12000, but the machine is eligible for a 10% federal income tax credit for plug-in vehicles; operating costs are about 1¢ per mile for electricity. The state of Oregon also offers a residential electric tax credit of $1500. The Consumer Reports blog was favorably impressed in a June review.
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Tuesday, October 6, 2009
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