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GM exceeds EV tax credit limit

from The Verge

General Motors confirmed recently that it sold its 200,000th plug-in vehicle in the U.S. during the fourth quarter of 2018, which has triggered a slow phaseout of the $7,500 federal tax credit over the next 15 months. GM is the second automaker to pass this mark; Tesla reached 200,000 vehicles sold in the US last summer. more


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