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GM slows EV production as tax credit nears expiration from The Verge - All Posts RSS feed.
GM slows EV production as tax credit nears expiration
General Motors is going to be scaling back production of the Cadillac Lyriq and Vistiq, as well as the Chevy Bolt EV as it expects sales of electric vehicles to slow dramatically. The $7,500 consumer tax credit for purchasing a new EV is set to expire at the end of the month. That credit has […]