AUTO

Automaker lobby group: 70% of EV models won't qualify for EV tax credit

Auto lobby group worries that most U.S. EVs disqualified for EV tax credit

Automaker lobby group Alliance for Automotive Innovation says that if additional sourcing requirements go into effect, U.S. automakers won’t qualify for the full credit. According to Reuters, these automakers have been privately expressing their worries about the proposal’s increasing requirements regarding batteries and critical mineral contents being sourced from the U.S. John Bozzella, head of …

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