Auto makers warn most electric vehicles won't qualify for federal tax credit - MarketWatch


8/9/2022 12:00:00 AM2 years 8 months ago
by Associated Press

Rules becoming more stringent in effort to kick-start domestic manufacturing and mining, but critics say manufacturers can’t just flip a switch to create a new supply chain

But the auto industry is warning that the vast majority of EV purchases wont qualify for a tax credit that large.Thats mainly because of the bills requirement that, to qualify for the credit, an elec… [+5992 chars]

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