Cars That Think

AUGUST 17, 2022

Among the technological visions that seem perpetually futuristic (think commercial nuclear fusion and maglev trains), the hydrogen economy has always been tantalizing. The bill provides tax credits to producers of low-carbon hydrogen at a rate that depends on how much carbon is emitted during production, among other factors.

Hydrogen 111

Hydrogen Economy Tax Credit Gas-Electric 111

Cars That Think

OCTOBER 26, 2021

But as of this spring, the average new vehicle sold in America—across everything from large pickup trucks to small economy hatchbacks—the average transaction price was $42,000. Most Americans do not have that saved and do not have the credit to do that. And the issue here is that you get a federal income tax credit.

Electric Vehicles 95

Electric Vehicles Charging Vehicles Electric 95

Cars That Think

OCTOBER 26, 2021

But as of this spring, the average new vehicle sold in America—across everything from large pickup trucks to small economy hatchbacks—the average transaction price was $42,000. Most Americans do not have that saved and do not have the credit to do that. And the issue here is that you get a federal income tax credit.

Electric Vehicles 94

Electric Vehicles Charging Vehicles Electric 94