Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit
EV Adoption
AUGUST 23, 2021
And the company recently announced plans to raise $9 billion in a private placement for future expansion. According to SupChina.com , the 10 largest EV producers in China based on domestic sales are: Tesla BYD SAIC Motor SAIC Volkswagen SAIC-GM-Wuling NIO Xpeng Li Auto WM Motor Geely. NIO ec6 – Source: NIO.
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