autoevolution
 

CNG Converted Ford Focus Gets $4,000 Tax Credit

The U.S. Altech-Eco Corporation announced that it has obtained state approval for a $4,000 Federal Tax Income Credit cut for customers who purchase the compressed natural gas converted (CNG) 2010 Ford Focus, as the vehicle runs exclusively on CNG and meets the toughest emissions standards.

The outgoing Focus has been converted by Altech-Eco to run on natural gas and is distributed through certain Ford dealers and Altech-Eco selected vendors.

The EPA has already issued a Certificate of Conformity for this “dedicated” (all natural gas) vehicle, and now the IRS has approved a $4,000 Federal Tax Credit to be immediately available to any purchasers of this exciting alternative energy vehicle”, said Miles George, Vice President of TransEco Energy, the founder of Altech-Eco Corporation.

The new product joins the company's existing range of eco vehicles, which is formed by a bi-fuel conversion (gasoline and CNG) for the 2010 Focus and a similar version of the 2010 Ford Transit Conect - both vehicles are EPA certified.

Households, municipalities and businesses alike love the 2010 Ford Focus, and now Americans looking to help the environment by purchasing this all natural gas version can be rewarded with an IRS-approved $4,000 Tax Credit, meaning they can lower their 2010 Federal Income Taxes by $4,000 just by purchasing it. To date, no company in the world has ever received a $4,000 Federal Tax Credit designation from the IRS for an all natural gas passenger vehicle except for one Honda model. Today we are proud that an American owned-American operated company like Altech-Eco has achieved this extremely rare designation,” said George.
If you liked the article, please follow us:  Google News icon Google News Youtube Instagram X (Twitter)
About the author: Andrei Tutu
Andrei Tutu profile photo

In his quest to bring you the most impressive automotive creations, Andrei relies on learning as a superpower. There's quite a bit of room in the garage that is this aficionado's heart, so factory-condition classics and widebody contraptions with turbos poking through the hood can peacefully coexist.
Full profile

 

Would you like AUTOEVOLUTION to send you notifications?

You will only receive our top stories