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Banks, captives anticipate EV pull-ahead into Q3 amid credit expiration 

Bank of America says auto finance industry in ‘wait-and-see mode’ for Q4

Truth Headlam

Bank of America is among the auto financiers expecting a strong third quarter for EV sales as consumers pull their purchases forward amid the elimination of the federal EV tax credit at the end of the month.   “With the tax credit going away on Sept. 30, we anticipate EV volume pulling forward into Q3, not […]

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