Automotive industry warning that the majority of EVs won’t qualify for a large tax credit in the U.S.
Canadian Manufacturing
AUGUST 9, 2022
And those rules become more stringent over time — to the point where, in a few years, it’s possible that no EVs would qualify for the tax credit, says John Bozzella, CEO of the Alliance of Automotive Innovation, a key industry trade group. Those requirements also grow stricter each year, eventually reaching 100% in 2029.
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