Honda FCX fuel cell hydrogen-powered car gets a for $12,000 tax credit from the IRS

The Honda FCX fuel cell-powered car, as the IRS (Internal Revenue Service) has approved that this hydrogen-powered Honda FCX will get a $12,000 tax credit. This tax credit which is available is part of the federal Energy Policy Act of 2005, which has been put in place for America’s future.

This tax credit that is being offered will help to offset the higher costs associated, which normally occur when vehicles with advanced technology is being developed, which help to reduce CO2 emissions. This news is great for Honda as it shows that the IRS is showing that this vehicle could be viable for the public market.

Source

Get the latest news in our RSS Feed, Newsletter or follow us on Twitter.