OEMs Lobby to Ditch EV Tax Credit Cap

CEOs from American carmakers are urging Congress and the Biden Administration to lift the EV tax credit cap. Top executives from General Motors, Ford, Chrysler (Stellantis), and Toyota lobbied Congress to lift a 200,000 vehicle count cap on the $7,500 electric vehicle tax credit citing higher costs to produce zero-emission vehicles, according to a letter seen byContinue reading “OEMs Lobby to Ditch EV Tax Credit Cap”

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