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GM ends extended EV tax credit plan and offers its own incentive

GM will offer $6,000

Bloomberg News

General Motors Co. has decided not to offer federal tax credits on electric vehicles that were in transit to dealers or on their lots before last month’s expiration of the $7,500 incentive, opting instead to give about $6,000 of its own cash for lease support and to keep EV sales going. GM’s move shows how […]

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