Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

5 of 6
BACKNEXT
EV Innovations Flash
EV Innovations Flash
Cost: $57,500
Tax credit: $4,000*
EV Innovations, formerly called Hybrid Innovations, makes several all-electric plug-in cars that are converted from standard gasoline-powered cars.

The vehicles use lithium-ion batteries, and the conversion isn't cheap. So they ultimately cost much more than you'd expect to pay for a typical Toyota Yaris, Chrysler PT Cruiser or a Mini Cooper. You clearly would not buy a car from EV Innovations just to save on gas money, even with the tax credits.

EV Innovations calls its converted Mini the Flash. The image here is an unconverted Mini Cooper.

For converted cars like these, the credit is calculated as 10% of the cost of converting the vehicle - not the entire cost of the vehicle - up to a maximum of $4,000. On average, the conversion costs about $40,000, EV Innovations said.

NEXT: Dueco T292

Last updated February 23 2009: 1:53 PM ET
*Based on reading of legislation. IRS rules not yet finalized.
Find Your Next Car
More Galleries
Five most expensive cars sold at Pebble Beach These classic cars went for seven figure sums at the world's premier classic car event. More
Seats that move! Rain! Movie-watching goes beyond 3D How can movie theaters compete when many prefer to watch streaming video from their own comfy couches? Some hope a new interactive technology will lure audiences with immersive effects. More
15 cool cars for sale at Pebble Beach While these events are best known for seven-figure classics, just about everything crosses the block at Pebble Beach. More

Special Offer