GM sold 200,000 EVs by end of 2018, triggering phaseout of U.S. tax credit

GM sold 200,000 EVs by end of 2018, triggering phaseout of U.S. tax credit

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GM hit 200,000 total electric vehicles sold in the U.S. by the end of 2018, reaching a threshold that triggers a phaseout of a $7,500 federal tax credit over the next 15 months, Reuters reported.

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