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EV tax credit rules get extension in big win for automakers

Teslarati

The electric vehicle tax credit rules got an extension on Friday as the U.S. At the beginning of the year, new rules took effect, and several electric vehicles that qualified for the full $7,500 tax credit in 2023 were no longer on the qualifying list. On Friday, the U.S.

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IRS seeks feedback on clean hydrogen production tax credit

Green Car Congress

The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several tax credit provisions in the Inflation Reduction Act (IRA). These include: Credits for Clean Hydrogen Production (45V) and Clean Fuel Production (45Z) ( Notice 2022-58 ).

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp.,

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US DOE releases national clean hydrogen strategy and roadmap

Green Car Congress

The US Department of Energy (DOE) released the US National Clean Hydrogen Strategy and Roadmap , a framework for accelerating the production, processing, delivery, storage, and use of clean hydrogen. Source: DOE. It also complements the massive $9.5-billion It also complements the massive $9.5-billion

Clean 415
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Mini Strip concept, hydrogen from coal, EV tax credit limits: Today’s Car News

Green Car Reports

Looking at end use, hydrogen from coal is dirtier than coal combustion. The Senate votes to reel in an EV tax credit expansion, although it might not mean much yet. “Blue” hydrogen production facilities using coal or fossil fuels, such as. And Mini shows how stripped-down it can get with an EV.

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Apple car, Lexus motor tech, hydrogen fuel-cell tax credit: Today's Car News

Green Car Reports

The federal tax credit for hydrogen fuel-cell vehicles was extended. Apple's reportedly working on an electric car. Lexus detailed new motor technology. This and more, here at Green Car Reports. Apple is reportedly planning to launch an electric car with game-changing battery technology, Reuters reported on Monday.

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VW ID.4 AWD range, EV tax credit union pushback, “green” hydrogen from methane: Today’s Car News

Green Car Reports

Tesla, Toyota, and Honda are among the automakers pushing back about an EV tax credit that gives a boost to labor unions. And can hydrogen from a landfill really be greener than that from solar and wind? Volkswagen reveals range ratings for its affordable all-wheel-drive EVs. This and more, here at Green Car Reports.