GM confirms it will reach EV tax credit ceiling this year—then phaseout begins

October 24, 2018

Beginning next April, buyers of General Motors’ electric vehicles and plug-in hybrids won’t be getting the same break on their purchase as those who buy those vehicles from any other brand.

 

Any other brand but Tesla, that is. GM has confirmed to Green Car Reports that it will reach 200,000 deliveries of vehicles eligible for the federal electric vehicle tax credit by the end of this quarter.

 

https://www.greencarreports.com/news/1119534_gm-confirms-it-will-reach-ev-tax-credit-ceiling-this-yearthen-phaseout-begins

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