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Tax Credit For Hydrogen Fuel-Cell Vehicles Expires As Congress Adjourns

Green Car Reports

Tax incentives have proven to be an important way to encourage adoption of new green vehicles, offsetting some of the typically-higher purchase costs compared to conventional costs. Yet just as Toyota prepares to launch its 2016 Mirai fuel-cell car, a tax credit for hydrogen vehicles has expired due to inaction by Congress.

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Hydrogen Fuel-Cell Vehicle Tax Credit Expires This Month: Will It Be Renewed?

Green Car Reports

Financial and other incentives are widely viewed as a good way to kickstart the adoption of new green vehicles, largely to compensate for their higher prices against conventional gasoline cars. But just as Toyota is building up to next fall''s launch of its 2016 Mirai hydrogen fuel-cell vehicle in the U.S.