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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. policy shifts to favor battery-powered autos. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. While GM, Toyota and Hyundai Motor Co. Oil prices are going to go up.

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