Getting your player ready...
WASHINGTON — Plug-in electric vehicles from General Motors and Toyota are not expected to hit showrooms for more than a year, but the first buyers will be eligible for a tax credit of up to $7,500. The incentives are part of the $700 billion bailout of the financial industry. Toyota’s plug-in hybrid is expected in late 2009, and GM’s Chevrolet Volt, an extended-range plug-in electric car, is due in late 2010. GM’s plug-in version of the Saturn Vue and a Nissan electric vehicle are planned by 2010. The Associated Press
