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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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US DOE releases national clean hydrogen strategy and roadmap

Green Car Congress

The US Department of Energy (DOE) released the US National Clean Hydrogen Strategy and Roadmap , a framework for accelerating the production, processing, delivery, storage, and use of clean hydrogen. Source: DOE. It also complements the massive $9.5-billion It also complements the massive $9.5-billion

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IRS seeks feedback on clean hydrogen production tax credit

Green Car Congress

The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several tax credit provisions in the Inflation Reduction Act (IRA). These include: Credits for Clean Hydrogen Production (45V) and Clean Fuel Production (45Z) ( Notice 2022-58 ).

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Mini Strip concept, hydrogen from coal, EV tax credit limits: Today’s Car News

Green Car Reports

Looking at end use, hydrogen from coal is dirtier than coal combustion. The Senate votes to reel in an EV tax credit expansion, although it might not mean much yet. “Blue” hydrogen production facilities using coal or fossil fuels, such as. And Mini shows how stripped-down it can get with an EV.

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EIA: California home to almost half of US plug-in electric vehicles

Green Car Congress

Several states offer tax incentives to reduce the upfront cost of PEVs to consumers. These incentives are in addition to a federal (nationwide) tax credit, which ranges from $2,500 to $7,500 depending on battery capacity and gross vehicle weight. ZEVs include vehicles powered by electricity or hydrogen fuel cells.

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Obama FY 2012 budget proposes big boost for EVs and EV technology, cuts for hydrogen

Green Car Congress

The proposed budget also reduces funding for the DOE Office of Energy Efficiency and Renewable Energy’s hydrogen technology program by nearly $70 million—more than 40%. rebates, investments in R&D, and competitive programs to encourage communities. that invest in electric vehicle infrastructure. EERE budget proposal.

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Apple car, Lexus motor tech, hydrogen fuel-cell tax credit: Today's Car News

Green Car Reports

The federal tax credit for hydrogen fuel-cell vehicles was extended. Apple's reportedly working on an electric car. Lexus detailed new motor technology. This and more, here at Green Car Reports. Apple is reportedly planning to launch an electric car with game-changing battery technology, Reuters reported on Monday.