您现在的位置是:h v o a q a y j x 4 s g p 1 3 r 4 c o h x > Knowledge
【flickering led lights on dimmer】GM electric vehicle tax credit phase-out to begin this year: Report
h v o a q a y j x 4 s g p 1 3 r 4 c o h x2024-09-29 12:31:23【Knowledge】2人已围观
简介U.S. automaker General Motors will soon lose the ability to offer customers a discount on its electr flickering led lights on dimmer
U.S. automaker General Motors will soon lose the ability to offer customers a discount on its electric vehicles,flickering led lights on dimmer as Tesla cuts prices on all of its models to combat the same issue.
GM
hit a designated sales threshold – a cumulative 200,000 vehicles – which triggers a phase-out of the $7,500 federal tax credit for electric vehicles, Reuters reported on Wednesday, citing a person briefed on the matter. The automaker is said to have hit the sales figure in the fourth quarter, which suggests the credit will be halved – to $3,750 – around April. Following that timeline, the credit would fall further to $1,875 in October before being completely eliminated in April 2020.
After GM announced plans to shutter U.S. factories, the Trump administration threatened to cut subsidies to the U.S. automaker – including those for electric vehicles.
GM did not immediately return FOX Business’ request for comment.
It was widely expected the automaker would hit 200,000 in sales by early 2019.
In a bid to boost profits, GM has narrowed its vehicle offerings, including a focus on its portfolio of electric models. It is scheduled to release two new electric cars in 2019, adding to a total of 20 by 2023.
Meanwhile, shares of Tesla plunged on Wednesday after the electric automaker announced it was slashing the price of its vehicles by $2,000 to combat the phasing out of the same federal tax credit. On Jan. 1, customers looking to purchase a Tesla were only eligible to receive $3,750 in tax credits after Tesla reached the 200,000 sales milestone last year. The credit will be entirely phased out by 2020.
Related Articles
The U.S. Economy is Sucking Wind
Uber Races Ahead to Get Self-Driving Cars on the Road
Have $4.5M to Spare? Ferrari's Most Exclusive Car Up for Auction
View comments
很赞哦!(474)
相关文章
- 240,000 U.S. Virus Deaths Don't Have to Happen
- Morning News Call - Canada, January 2
- Those who invested in Anglo Asian Mining (LON:AAZ) five years ago are up 437%
- Weight Watchers posts dynamite earnings, and the stock is soaring
- IIOT-OXYS, Provides Business Update on COVID-19
- BRIEF-Hebei Yangyuan ZhiHui Beverage, Units Receive Government Supporting Fund Of 239.5 Mln Yuan
- China warns cities to cut reliance on property, developers' shares fall
- German finance minister pledges tax relief from 2023 - Bild
- Rohingya must have choice on going to Bangladesh island - UN refugee agency
- One Thing To Remember About The Sadbhav Infrastructure Project Limited (NSE:SADBHIN) Share Price
热门文章
- National Retail Properties (NNN) Misses Q3 FFO and Revenue Estimates
- The 50-State Cybersecurity Class Action Is Here to Stay. How to Defend Against It!
- BRIEF-Lingnan Eco & Culture-Tourism's Consortium Expects To Win Engineering Contract
- Will Hi-P International Limited’s (SGX:H17) Earnings Grow In The Next Couple Of Years?
站长推荐
These ETF Areas Make Great Investment Choices in June
Wesco International (WCC) Q4 2018 Earnings Conference Call Transcript
BRIEF-Hainan Airlines' Controlling Shareholder Renews Share Pledge
Top Picks 2019- Twilio TWLO
Guggenheim Energy & Income Fund Announces Tender Offer
EU imposes safeguard measures to curb steel imports
Is There An Opportunity With Simpson Manufacturing Co., Inc.’s (NYSE:SSD) 27.64% Undervaluation?
BRIEF-Huangshan Tourism Sold 49 Million Shares In Huaan Securities In 2018
友情链接
- Camber Energy, Inc. and Viking Energy Group, Inc. Amend Definitive Merger Agreement Relating to Their Planned Combination and Provide Update on Status of Merger
- Pan Global Resources Intersects Near Surface Copper Sulphides in New Drill Holes at the Escacena Project, Spain
- Some Atlas (NYSE:ATCO) Shareholders Are Down 47%
- Ramping up COVID-19 testing earlier would have helped the UK, top adviser says
- Newmont (NEM) in Focus: Stock Moves 6.2% Higher
- Car rental firm Hertz gets more time from lenders to avoid bankruptcy
- Snapchat Ousts Trump’s Account From Discover Section
- IMPORTANT SHAREHOLDER ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Beyond Meat, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
- Outlook into the Worldwide Plasma Protein Therapeutics to 2025 - Featuring CSL Behring, Biotest AG & Baxter Among Others
- Smithfield Foods Says That the Company and Its Team Members Want the Same Thing: To Protect Employee Health and Safety While Also Safeguarding America’s Food Supply