This approval will now enable customers of Nikola's Tre FCEV to access a point-of-sale incentive starting at $240,000 and ranging up to $288,000 per truck, in 2023. Customers will also be eligible for a $40,000 clean commercial vehicle tax credit from the federal government due to the passage of the Inflation Reduction Act.
The executive chair said the automaker will keep putting efforts into advancing hydrogen vehicle technology and production, underscoring that the South Korean company is one of the few automakers in the world that have the capabilities to produce both hydrogen fuel cell electric vehicles equipped with batteries. Chung also stressed the importance of cooperation and support between governments and industries…
“The only impediment to the adoption of these vehicles has been the lack of hydrogen stations,” says Haani Kambrani, author of the study. “The sales of these vehicles are taking place rapidly in regions that have a well-deployed hydrogen fueling infrastructure.”
As the core of its hydrogen business, Honda will further advance its fuel cell system. With the next-generation fuel cell system being co-developed with General Motors (GM), Honda will aim to more than double the durability*1 and reduce the cost to one-third*1. After achieving these targets with GM, Honda will continue its fundamental research on future fuel cell technologies to…
North Africa should begin to focus on green hydrogen as a driver of industry, transportation, and infrastructure development as energy networks continue to expand. Already, North Africa is a powerful exporting bloc of ammonia and fertilizers, and using green hydrogen to transition away from the capital- and emissions-intensive Haber-Bosch process which uses methane or coal as feedstocks for ammonia production—towards…
Cummins is producing a hydrogen version of its popular B6.7 engine. That engine is the base for the 6.7L Cummins inline 6-cyl. turbodiesel used today in the Ram pickup from Stellantis. The engine is found in the 2500/3500/4500/5500 Heavy Duty lineup of pickups. When Stellantis introduced the all-new Ram at CES 2023 last month, the company said a future heavy-duty…
The German luxury carmaker, pushing on with plans for hydrogen models even as EVs proliferate, last year started production of fuel-cell systems for a small test fleet of cars. BMW Chief Executive Officer Oliver Zipse sees the zero-emissions technology as a climate-friendly option for as many as 30% of its customers.
Honda will target annual sales of around 2,000 units of the new system in the middle of this decade, the company said on Thursday, aiming to boost that to 60,000 units per year in 2030. The Japanese carmaker is seeking to expand the use of its new system not only for its own fuel cell electric vehicles (FCEVs), but also…