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Currently the standard credit for a qualified alternative fuel vehicle is $4,000. Other than the Civic GX, a number of models produced after 2004 may qualify for tax credits. [13] Electric vehicles: Government tax credit programs are planned for electric and plug-in hybrid vehicles, but no specific models have yet been certified. [14]
AFV Conversion Tax Credit: Nebraska: Alternative Fuel User Tax and Registration: Nevada: Funds for School District Alternative Fuel Use, Statutes 445B.500: New Hampshire: Alternative Fuel and Advanced Vehicle Study: New Mexico: Alternative Fuels Tax, Statutes 7-16B: New York: Alternative Fuel Tax Exemption and Rate Reduction: North Carolina ...
In addition to tax breaks, hybrid vehicles and other alternative fuel vehicles benefit from a fuel consumption tax that pays bonuses to passenger cars with low carbon dioxide output. Alternative fuel vehicles, including hybrids, qualify for as much as €800 (around US$1,120) in annual bonuses. This bonus was valid from 1 July 2008 until 31 ...
The state of Ohio said on Wednesday it plans to provide $71.3 million in tax credits for a new Honda Motor Co Ltd and LG Energy Solution joint venture battery plant. Honda separately is investing ...
It will attract investment from other clean and alternative fuel producers. Companies will be attracted by the credit market the CTFS would create, which spurs investment in clean fuel technology ...
A fun note, in 2010 the Ohio State University student-built Buckeye Bullet 2, a fuel cell vehicle built in collaboration with Monaco-based Venturi Automobiles and equipped with a Ballard fuel cell, set a FIA world speed record for electric vehicles in reaching 307.7 mph (495.2 km/h), eclipsing the previous record of 245.5 mph (395.1 km/h). The ...
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The alternative fuel credit was extended in 2010 and remained in effect until the end of 2011. Autogas for America claims to be the unified voice of the autogas industry in the United States. Composed of autogas experts, transportation industry specialists and environmental advocates, Autogas for America says it "leverages industry cooperation ...