Remove Hydrogen Remove Stimulus Remove Tax
article thumbnail

Even with $8,000 tax credit extended, fuel-cell lease prices won't change, automakers say

Green Car Reports

An $8,000 federal tax credit on qualifying hydrogen fuel-cell passenger vehicles has been extended through January 2022 though the latest economic stimulus bill passed by the U.S. The tax credit, called the Fuel Cell Motor Vehicle Tax Credit, had been due to expire at the end of the month.

article thumbnail

Study finds solo hybrid drivers in California HOV lanes amplify congestion, create up to $4,500 per car in adverse social costs annually

Green Car Congress

However, two-thirds of the sticker registrants had hybrid cars already on the road, the authors noted; in other words, the stimulus effect was lower than expected. While adding a single hybrid to any HOV lane at 2 a.m. creates no congestion or social costs, said the researchers, adding one hybrid driver at 7 a.m.

article thumbnail

Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

Green Car Congress

Electrolyzer companies: ELT Elektrolyse Technik, Hydrogenics, Hydrogen Technologies, Proton Energy Systems. Governmental organizations: European Fuel Cells and Hydrogen Joint Undertaking, NOW GmbH. The cost of hydrogen also reduces by 70% by 2025 due to higher utilization of the refuelling infrastructure and economies of scale.

Plug-in 244
article thumbnail

Uplifting BEV result accelerates new-car market growth in Spain

Baua Electric

It provides individuals with a subsidy of 7,000 when purchasing a BEV, PHEV or hydrogen fuel-cell vehicle. We believe that there will be a significant stimulus to demand, stated Garca. Tax break extended Furthermore, the tax break for EVs will be extended.

Spain 52
article thumbnail

Plug-in cars: Moving Forward

Plugs and Cars

California’s ZEV mandate put EVs into consumers’ hands, only to be eviscerated by automaker and oil lobbying, federal intervention, and CARB’s capitulation to well-funded hydrogen hype. The federal consumer tax credit awaits major automaker cars that can claim them. GM waxed hot and cold on the EV1. Will we get our money’s worth?

Plug-in 100
article thumbnail

Will European EV registrations surge in 2025?

Baua Electric

Without additional stimulus, manufacturers are not expected to meet this average target for all light vehicles over the three-year period. These propulsion methods will likely be limited to niche concepts, which will also depend on national tax regimes. This equates to around 20.5% for passenger cars and 18% for LCVs.

Light 52
article thumbnail

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

the only companyselling hydrogen-powered cars to U.S. Honda, which began leasing hydrogen fuel cell FCX Claritysedans in Los Angeles last year, still sees hydrogen as the bestlong-term alternative to gasoline as a fuel that can cut carbonexhaust tied to global warming, President Takeo Fukui said in aninterview.

Obama 53