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Toyota will join Tesla, GM in losing EV tax credit after it reaches sales cap

Teslarati

This means anyone buying a Toyota EV after the company reaches 200,000 electric units sold will not receive the credit. Toyota reached the cap by selling plug-in hybrid vehicles, like the RAV4 Prime and Prius Prime. After electric vehicle manufacturers reach 200,000 unit sales, they no longer qualify for the EV tax credit.

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Proposed Changes to the Federal EV Tax Credit Passed by the House of Representatives

EV Adoption

Passage by the Senate is far from a certainty and will require all 50 yes votes including from conservative-leaning Democrat Senator Joe Manchin of West Virginia to the Independent Senator Bernie Sanders of Vermont. Of these five, the Toyota Prius Prime is the only one that sells in any significant volume. kWh battery.

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Slow start for charge of the electric cars - Times Online

Tony Karrer Delicious EVdriven

Cheap to run but expensive to buy, they offer theprospect of low or zero carbon emissions, but manufacturers won’t sell themunless motorists want to buy them – and motorists won’t buy unless the priceis right and there are enough places to charge the batteries. Car buyers were less enthusiastic.