Wheego Electric Cars is a small company with a big, green vision. Wheego hopes to be the first car company in the U.S. to offer an affordable, all-electric car across the country. President Obama has committed to buying the first 100 cars off the assembly line from any company who can accomplish that goal, and Wheego is determined to bring that prize home to Georgia. Wheego is headquartered in Atlanta, just west of the Georgia Tech campus. CEO Mike McQuary was previously the president of Georgia-born Internet company MindSpring Enterprises.
Wheego’s home state is a great place to introduce Electric Vehicles. Georgia has some of the most progressive tax credits in the country for EV drivers: in addition to the $7,500 Federal tax credit, Georgia residents are entitled to up to $5,000 in State Tax Credits for a full-speed electric vehicle, and can drive alone in the HOV lane in their all-electric car. The problem is, up until this summer the only all-electric car widely available in the U.S. that qualified (fully crash tested and highway-ready) was the Tesla, at a hefty $100,000+ price tag. I haven’t seen one of those in the HOV lane of I-75 yet! That all changes this summer, as Wheego rolls out its highway-ready all-electric car in September, followed by the Nissan Leaf and the Chevy Volt later this year. So while the tax credits have been available for years in Georgia, this will be the first time anyone has actually used the deduction. Why is this important? Well, a “theoretical” tax credit doesn’t actually take any money out of the state coffers. Oklahoma offered a whopping 50% State Tax Credit on electric vehicles in 2009, and were caught off guard by the number of drivers who took advantage of the credit – in Oklahoma, some electric golf carts qualified. The state budget took a huge hit, and the tax credit was discontinued, just as the cars it was meant to encourage are ready to hit the road. Now that Georgia residents will start taking that $5,000 deduction, we need to make sure our state legislators are prepared and supportive of the “green” investment the state is making.
Georgia also offers a tax credit to businesses for buying (or leasing) and installing a charging station: 10% of the cost of the charging station, up to $2,500. This is important because it opens the EV ownership door to city dwellers who don’t have a garage. The Wheego LiFe electric car is a 2-seater with a range of 100 miles per charge, perfect for commuting to and from work. Most drivers will plug the car into the charging port in their garage at night and be good to go for another 100 miles the next morning. But a huge, young, and enthusiastically green slice of Atlanta’s population live in areas that are perfect for an EV – within a 50-mile commute of work – but don’t have a garage. Apartment and condo dwellers, and residents of older intown neighborhoods are perfect candidates for an at-work charging station. They’ll drive their car to work, charge it while they work, and be good to go for another 100 miles. Over the next few years, we’ll see more employers offer charging stations as part of a benefits package, and we’ll see additional charging stations pop up as retailers embrace this new way to attract consumers to stay longer. Anywhere that currently offers wi-fi is a good candidate for a charging station, since the theory is the same: offer a service that brings the consumer in, make them comfortable and hopefully they’ll drink more coffee, stay at the same hotel next time, buy more books. The charging technology is evolving. When “rapid-charge” stations are the norm and you can fully charge your car in 20 minutes, retailers will jump on this chance to offer a valuable service to their shoppers. You’ll be able to charge while you’re in the grocery store, getting a haircut or watching a movie … not just sleeping or working
What has to happen for all of this to become a reality? You’d be surprised how far the technology has come. Coulomb Technologies is making a charging station that companies or municipalities can purchase and install on a stand, like a parking meter. As an EV owner, you join the “club,” and get a credit card that can be swiped at the charging station. The charge port door pops open, you plug your car in, and you (or your company) are billed for the charge. A web page and an I-phone app will help you find an available charge station.
Major cities in five states (Arizona, California, Oregon, Tennessee, and Washington) are part of the federally-funded EV Project. The Department of Energy is spending $100m to build out the charging infrastructure in targeted cities in these five states. In order to get a free charging station installed in their home, EV drivers agree to provide data on their driving habits and EV usage. The information gleaned from this 3-year project will help the rest of the country prepare for widespread use of EVs. It’s coming! A community’s rewards for encouraging EV use are great: no emissions, less noise pollution, less dependence on foreign (or domestic!) oil. As a Georgia resident, you can be an active participant in your community’s EV planning, encourage your employer to install a charging station, and let local businesses know you’d support their initiatives to offer EV charging. Encourage Georgia lawmakers to push for our state’s inclusion if and when the EV Project expands.
It’s time to evaluate your driving habits and see whether an EV would work for you. On average, do you drive fewer than 100 miles each day? Do you have an enclosed garage to charge your car? If you routinely pile five people in your car and drive 500 miles, the Wheego LiFe would not be a candidate for your only car. But if you use your car primarily for commuting each day, Wheego could be a great fit. To learn more about Wheego and reserve your LiFe, visit www.wheego.net.



