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U.S. Car Brands Will Benefit Most From Electric Car Tax Breaks

18 Apr 2023 | Abstracted from NY Times

"Rules that take effect on Tuesday [April 18, 2023] will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies...Only 10 vehicles will initially qualify for tax credits of $7,500...But those 10 include many of the most popular models and accounted for two-thirds of electric vehicle sales

"The rules give U.S. carmakers at least a temporary advantage over competitors like Toyota, Volkswagen, Nissan..."

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