article thumbnail

2022—The Year the Hydrogen Economy Launched?

Cars That Think

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 106
article thumbnail

Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

on a path to reducing emissions more than 40% below 2005 levels, per a Princeton University analysis of the measure’s impacts : expanded tax credits for EVs, batteries, solar panels and wind turbines. And what about changes to the EV tax credit? carbon sequestration (capture and storage, i.e.). borders. . $2

article thumbnail

First Drive: 2016 Hyundai Sonata PHEV and HEV

Green Car Congress

Sonata Plug-in Hybrid buyers will be eligible for a $2,500 fixed federal tax credit and a variable federal tax credit based on battery capacity that will also be over $2,000. The 6-speed AT features a high-voltage electric oil pump for improved efficiency. Fusion Energi. Click to enlarge. Competition.

PHEV 150