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Home » GM’s EVs to qualify for full US tax credit within three years, Barra says

GM’s EVs to qualify for full US tax credit within three years, Barra says

GM aims to sell 1 million EVs in the US in 2025

Bloomberg NewsbyBloomberg News
October 25, 2022
in Management
Reading Time: 1 min read
0
GM’s Chevy Bolt battery fires open $1 billion rift with LG

Photographer: Jeff Kowalsky/Bloomberg

General Motors Co. will be able to meet all requirements in three years for buyers of its electric vehicles to get the full $7,500 federal tax credit, Chief Executive Officer Mary Barra told Wall Street analysts Tuesday. That’s pretty quick work. To be eligible for the full credit under the Inflation Reduction Act passed in August, EVs […]

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