Tue, 21-Oct-2025

CEOs of GM & Ford have urged Congress to raise maximum on EV tax credits

Ford

The CEOs of General Motors, Ford, Stellantis, and Toyota North America have urged Congress to remove a sales cap on the federal government’s $7,500 electric vehicle tax credit. The CEOs argue that credit is crucial for vehicle affordability in the face of rising manufacturing and commodity costs. To date, GM and Tesla are the only … Read more