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Senate Energy Bill Contains $3.8B for Natural Gas Vehicle Conversion and Purchasing, $400M for Plug-in Vehicle Deployment

Green Car Congress

The rebates are primarily targeted at medium- and heavy-duty vehicles; of the funding allocated for rebates, not more than 25% is to be used to provide rebates to qualified owners for the purchase of qualified alternative fuel vehicles that have a gross vehicle rating of not more than 8,500 pounds.

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Hyundai to offer Tucson Fuel Cell vehicle to LA-area retail customers in spring 2014; Honda, Toyota show latest FCV concepts targeting 2015 launch

Green Car Congress

Hyundai will initially offer the Tucson Fuel Cell to customers in the Los Angeles/Orange County region for $499 per month for a 36-month term, with $2,999 down. When we spoke to customers interesting in driving a hydrogen fuel cell vehicle, many wondered what the cost of hydrogen would be. —John Krafcik.

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California Air Resources Board releases proposed Advanced Clean Car package: LEV III, GHG and ZEV rules to transform the California fleet; ZEVs and TZEVs to be 15+% of new vehicle sales by 2025

Green Car Congress

When fully implemented, annual fuel costs to operate a car will be reduced by an average of 25%, with an overall cumulative savings of $22 billion by 2025, according to ARB calculations. This will reduce the monthly cost of a new car by $12, even when considering the higher cost of the loan or lease. Click to enlarge.