Proof electric cars don’t need taxpayer support: Tesla and GM sales up despite running out of $7500 tax credits.
Sunday, February 14, 2021
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While Australia debates how much – or how little – taxpayer money should go towards supporting the rollout of electric cars, data out of North America has revealed Tesla and General Motors were the top-two sellers of battery-powered cars – even without $US7500 federal tax credits for most of the year. In the US, a $7500 tax credit for every electric car sold expires after an automotive brand eclipses 200,000 sales.
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