EV Credit Rules Could Slow Sales

Newly released U.S. guidance would eliminate models with Chinese material.
Newly released U.S. guidance would eliminate models with Chinese material.
As of January 1, consumers can lease electric vehicles and qualify for up to $7,500 in commercial clean vehicle tax credits.
Controversial rules on battery component sourcing anticipated by carmakers.
Automakers have urged Congress to lift a cap on the $7,500 electric vehicle tax credit.
A proposal that gives higher EV tax credits to union shops has caused controversy over preferential treatment for EV incentives.
Shares of Tesla Inc. fell by 9% following an underwhelming first-quarter sales report, but executives say they have the demand and capital they need to meet their 2019 production goals.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In