Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits
Teslarati
JUNE 13, 2022
The CEOs of Ford, General Motors, Stellantis, and Toyota all urged Congress to eliminate the cap on the $7,500 electric vehicle tax credit as zero-emissions vehicles cost more to manufacture. The tax credit cap only has Tesla and GM buyers disqualified from receiving the credit.
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