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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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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

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. He also believes that sub-1.6L CAGR from 2012 through 2020 to about $250/kWh.

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

Green Car Congress

Biofuel projects are going to have trouble getting financing from Wall Street this year because all of them have questions about the long term pricing of petroleum; most of them have concerns about the pricing stability of their feedstocks; and many of the cellulosic projects have concerns about the conversion technologies.

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Tesla stock: Morgan Stanley pumps the brakes and lowers PT ahead of earnings

Teslarati

Analysts at Morgan Stanley pumped the brakes on Tesla stock by lowering its price target ahead of the automaker’s Earnings Call late this week. Price Cuts Tesla is still working on pricing stability , which improved greatly throughout 2023 but still offered some concern for investors. Morgan Stanley is one of them.

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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars.

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Plug-in cars: Moving Forward

Plugs and Cars

Nissan appears intent on opening up a market for mid-price range electric cars within two years. The federal consumer tax credit awaits major automaker cars that can claim them. I write a column for the Electric Auto Association newsletter, Current EVents. Here's my June column. Plug-in cars are inevitable. Such as the $1.1

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. customers $600 a month to lease.Honda hasn’t revealed its production price. Oil prices are going to go up. millionthis year from $211.9 The vehicle costs U.S.

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