BMW, Rivian, Hyundai, Volvo lose access to EV tax credit

TechCrunch
By Rebecca BellanApr 17, 2023, 6:00 pm240 pts
The United States Treasury updated its list of electric vehicles eligible for a $7,500 EV tax credit per its new rules for battery sourcing, and BMW, Nissan, Rivian, Hyundai, Volvo and Volkswagen are no longer on it. The new requirements will go into effect Tuesday, and they’ll also cut credits for the Tesla…

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