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GM sold 200,000 EVs by end of 2018, triggering phaseout of U.S. tax credit
By the end of 2018, General Motors reached a cumulative 200,000 EVs sales in the U.S. since 2010, triggering the phaseout of a USD 7,500 federal tax credit over the next 15 months.
Since GM reached the figure in the fourth quarter of 2018, the credit will fall to USD 3,750 in April 2019, and then drop to USD 1,875 in....
Since GM reached the figure in the fourth quarter of 2018, the credit will fall to USD 3,750 in April 2019, and then drop to USD 1,875 in....
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