GM electric car federal tax credit cut in half Monday, Chevy Bolt EV price won't change
March 29, 2019 at 10:30 AM EDT
On April 1, General Motors' federal electric car tax credit will be cut in half from up to $7,500 to $3,750. It leaves the Chevy Bolt EV without full federal incentives against rival electric cars. The automaker said Thursday that it will not reduce the electric car's price due to the tax credit cut, according to Reuters. GM is the second...
On April 1, General Motors' federal electric car tax credit will be cut in half from up to $7,500 to $3,750. It leaves the Chevy Bolt EV without full federal incentives against rival electric cars. The automaker said Thursday that it will not reduce the electric car's price due to the tax credit cut, according to Reuters. GM is the second...