Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits

The CEOs of Ford, General Motors, Stellantis, and Toyota all urged Congress to eliminate the cap on the $7,500 electric vehicle tax credit as zero-emissions vehicles cost more to manufacture. In a letter seen initially by┬áReuters, Ford’s Jim Farley, GM’s Mary Barra, Stellantis’ Carlos Tavares, and Toyota North America’s Tetsuo Ogawa urged congress to eliminate … Continue reading Ford, GM, Stellantis, Toyota push for Congress to eliminate EV tax credit limits