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Even with $8,000 tax credit extended, fuel-cell lease prices won't change, automakers say

Green Car Reports

An $8,000 federal tax credit on qualifying hydrogen fuel-cell passenger vehicles has been extended through January 2022 though the latest economic stimulus bill passed by the U.S. The tax credit, called the Fuel Cell Motor Vehicle Tax Credit, had been due to expire at the end of the month.

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Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. Emissions Fuel Efficiency Policy' Cost per job created. Click to enlarge. Cost per ton of carbon reduced. miles per gallon (9.4 million, or 0.7

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US Departments of Treasury, Energy Announce More Than $3B in Recovery Act Funds for Direct Payments for Renewable Energy Projects

Green Car Congress

Funded through the American Recovery and Reinvestment Act (Recovery Act), the program will provide direct payments in lieu of tax credits in support of an estimated 5,000 biomass, solar, wind, and other types of renewable energy production facilities. Fuel cells. Qualified hydropower. Marine and hydrokinetic. Microturbines.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Other than the good news on oil consumption, very little was said in regards to transportation fuels. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. Is tax equity dead? M barrels/day of oil within the next 10 years ”.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

Deutsche Bank’s China Auto analyst, Vincent Ha, continues to see robust light vehicle sales over the next few years, with a slow to about 11% YoY growth in 2011 (due to a high base from the 2010 surge, and reductions in government stimulus), followed by sustainable low double digit growth in 2012. He also believes that sub-1.6L

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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

Green Car Congress

In July, China’s State Council published a plan to develop the domestic energy-saving and new energy vehicle industry, including battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. Earlier post.). As part of its plans, Boston-Power is establishing an R&D and EV battery engineering facility in China.

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This is How the COVID-19 Pandemic Affect The Global EV Market

Get Electric Vehicle

One of the key drivers driving the market’s growth is favorable government policies and funding in the form of incentives and grants, tax rebates, and other non-financial advantages such as carpool lane access. Now let us look a little deeper into those major factors one by one. #1. Government policies and regulations.

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