Automakers say $430-B U.S. Senate bill will jeopardize 2030 EV targets

WASHINGTON -A group representing General Motors, Toyota Motor, Volkswagen and other major automakers said a $430-billion bill approved Sunday by the U.S. Senate will put achieving U.S. electric-vehicle adoption targets for 2030 in jeopardy. “Unfortunately, the EV tax credit requirements will make most vehicles immediately ineligible for the incentive,” said the Alliance for Automotive Innovation’s … Continue reading Automakers say $430-B U.S. Senate bill will jeopardize 2030 EV targets