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Proposed Changes to Federal EV Tax Credit – Part 4: Chinese-Assembled Vehicles Will Not Be Eligible for Tax Credit

EV Adoption

Because there are only a few Chinese-made EVs available now and likely in the near term in the US, there will be very little actual impact on automakers and overall sales of electric vehicles in the US. BYD Factor Lancaster, CA – Source: BYD Bus. The loss of the tax credit could change the timing of these plans entirely.