Nikola Motors and Tesla Inc have several things in common. Possibly the most obvious - for those of us interested in history - is Nikola Tesla, a very famous electrical engineer who designed an AC powered induction motor, a radio controlled boat and really helped define the alternating current structure that we all use today. As an aside, Nikola Tesla was one of millions of … [Read more...]
U.S. Fuel Cell Tax Credits to Expire on 31st December
Yesterday I wrote about the battle between electric car sales and the price of oil, they follow the fact that for every action there is a reaction, i.e. when one goes up, the other goes down! I commented on the fact that some Governments use tax credits or other methods to help create sales of electric or hybrid vehicles and this morning I read that the Federal tax credit on … [Read more...]