Honda has announced that its FCX hydrogen fuel-cell car, which only emits water, is the first to meet government requirements to receive a $12,000 IRS tax credit. The credit is due to the Energy Policy Act of 2005 which was designed to spur the development of more environmentally friendly vehicles.
According to Edmunds, the Alternative Motor Vehicle Credit will be available to anyone who purchases the car, although the FCX is not yet available to the public. However, this does further validate that Honda is serious about its entry into the hydrogen fuel-cell segment. Fifteen FCX’s have been on the road since 2002, including two of which are leased to individuals.
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