Automakers want Congress to drop the EV tax credit cap - Engadget

Ford, GM, Stellantis and Toyota are pressuring Congress to scrap an EV cap to counter rising manufacturing costs..

The $7,500 federal EV tax credit has been used for several years to entice consumers to make greener car purchasing decisions, but it has expired for some automakers and they feel the government need… [+1864 chars]

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