U.S. automakers say 70% of EV models would not qualify for tax credit under Senate bill - Reuters


8/6/2022 12:00:00 AM2 years 8 months ago

Most electric-vehicle models would be ineligible for a $7,500 tax credit for U.S. buyers under a Democratic proposal in the U.S. Senate, a group of major automakers said on Friday.

WASHINGTON, Aug 5 (Reuters) - Most electric-vehicle models would be ineligible for a $7,500 tax credit for U.S. buyers under a Democratic proposal in the U.S. Senate, a group of major automakers said… [+2506 chars]

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