The $7,500 EV tax credit has shrunk eligibility to eight vehicles, targeting electric vehicles that use Chinese materials. Washington plans to phase out credits for cars with Chinese components by 2024, while automakers might expand the list by submitting more models for consideration.
US Cuts EV Tax Credit Eligibility Down to 8 Models
By NTD Newsroom
China in Focus Weekly Newsletter
Find out what's really going on in China
Success! You are now subscribed.
By registering for the newsletter, you agree to the Privacy Policy.