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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. General Motors and Tesla have already reached the cap and Toyota is close to it.
Currently the number of tax credits allowed is capped at 200,000 per company.
Currently the number of tax credits allowed is capped at 200,000 per company.
A northern Nevada mine that is the largest-known source of lithium in the United States for electric car batteries is facing resistance from a radical environmental group and some of its Native American supporters.
Automakers ask Congress to lift electric vehicle tax cap | 2022-06-14 02:30:32