GM Withdraws Last-Minute EV Tax Credit Claim Amid Industry Challenges
TL;DR Summary
General Motors has decided not to pursue a last-minute $7,500 federal tax credit for EV leases after initially planning to do so, citing concerns raised by a Republican senator and aiming to avoid potential issues with the expiration of the federal subsidy.
- GM backtracks on plan to claim last-minute EV tax credits: Reuters CNBC
- Exclusive: GM backtracks on plan to claim last-minute EV tax credits Reuters
- Unplugged: These EVs have been canceled or postponed in the U.S. Automotive News
- How the US got left behind in the global electric car race BBC
- The future for EVs in America looks grim. But the auto industry isn’t giving up CNN
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