06.15.2022

Automakers Ask Congress to Lift Electric Vehicle Tax Cap

“Major automakers are asking Congress to lift the cap on how many people can receive tax credits for buying a hybrid or fully electric vehicle. Currently the number of tax credits allowed is capped at 200,000 per company. … [They] want the cap lifted until ‘the EV market is more mature’, they said, without giving a time frame.”

This was originally posted here at Manufacturing.Net on June 14, 2022.

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