Government, Business, Technology, Equipment, Fuel

Only 10 EVs Qualify for Full $7,500 US Tax Credit

Only 10 electric and plug-in hybrid vehicles will qualify for $7,500 federal tax credits after stricter battery-sourcing rules take effect and render most plug-in models ineligible.

April 17, 2023
Government, Business, Fuel

Automakers Blitz Congress to Fix an EV Tax Credit They Can’t Use

Automakers including Ford Motor Co., General Motors Co. and Toyota Motor Corp. are making a last-ditch lobbying push to change Democrats’ proposed new spending bill over concern that they stand to lose out from strict new limits on electric vehicle credits.

August 3, 2022