Honda FCX Hydrongen Fuel Cell Car to get $12,000 IRS Tax Credit

Aug 9 2007, 2:07pm CDT | by Shane McGlaun

The IRS has a history of giving tax breaks to buyers of hybrid vehicles that help reduce pollution. For example the Toyota Prius qualified for up to $3150 in tax credit.

Honda just had their yet unreleased FCX fuel cell vehicle qualify for a huge $12,000 tax credit from the IRS. Unfortunately other than the tax cut, little else is known about the FCX vehicle.

Little details like how much it will cost and when you can get the car are still unavailable. Honda says this tax credit is another step toward market viability. I suspect that means the car is going to cost so much, the tax break will be needed to help offset the price of the car. Via DailyTech

Updates

Mark J. Perry: Huge subsidies give American taxpayers intense shocks

Source: GulfToday.ae

It’s tempting to call the shameful taxpayer subsidy for electric cars – vehicles that are unaffordable for all but a small number of wealthy Americans – this nation’s costly little secret. But it’s no secret, and that’s the real sha ...
Full article at: GulfToday.ae More like this 7 hours ago, 4:30pm CDT

Vintage Electric Cars Benefit From New Electric Car Sales Too

Source: Honda Insight Reviews

Nikki Gordon-Bloomfield is a self-confessed petrol head. She grew up in a carless family but was able at a very early age to name cars passing her on... More LATEST ARTICLE If you’re in the market for an electric car, the chances are you’ve ...
Full article at: Honda Insight Reviews More like this 15 hours ago, 8:56am CDT

Pro: Government subsidization of electric cars doesn't make economic sense

Source: Oregon Live

Should Congress pull the plug on electric car subsidies? By Mark J. Perry FLINT, Mich. -- It's tempting to call the shameful taxpayer subsidy for electric cars -- vehicles that are unaffordable for all but a small number of wealthy Americans ...
Full article at: Oregon Live More like this 1 day ago, 4:30pm CDT

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Shane McGlaun
Leading our review center, Shane knows technology inside out. His extensive experience in testing computer hardware and consumer electronics enable him to effectively qualify new products and trends. If you want us review your product, please contact Shane.
Shane can be contacted directly at shane@i4u.com.