Cleantech & EV'sNews

Toyota just started its BEV program, but it wasted all its tax credits on hybrids

Toyota has sold its 200,000th plug-in car in the US, meaning its access to the $7,500 federal tax credit will sunset over the course of the next 15 months. The company joins Tesla and GM in no longer qualifying for credits, with Ford and Nissan also expected to hit the limit later this year. The credits are designed to sunset gradually, so those with a current Toyota order will still get the full…
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