Automakers say 70% of EV models don’t qualify for tax credit under Senate bill
Check out what’s clicking on FoxBusiness.com. Buyers of a majority of electric-vehicle models would not qualify for a $7,500 tax credit under a Democratic proposal in the U.S. Senate. That’s according to a group of major automakers.Automakers have been privately concerned about the proposal’s requirements for vehicles’ batteries and critical-mineral contents to be sourced from …
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