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Progress! IRA signed into law

Electric Auto Association

The provisions included in the bill will fight inflation by lowering energy and health care costs for families, and by helping to reduce the deficit. The IRA restores the 30% tax credit for an EVSE, and its cost of installation, to a maximum credit of $1000 (businesses may claim a larger amount). Used EV sale price less than $25,000.

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Toyota Advanced Fuel Cell Hybrid Vehicle Achieves 431 Mile Estimated Range; Toyota Targeting Commercialization Within Six Years

Green Car Congress

With premium grade gasoline currently priced at about $3.25, the gasoline-powered V6 Highlander hybrid is estimated to travel approximately 26 miles at a cost of about $3.25. In 2015, our plan is to bring to market a reliable and durable fuel cell vehicle with exceptional fuel economy and zero emissions, at an affordable price.

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