More EVs Lose Federal Tax Credits Including Tesla, Nissan, GM Vehicles ...Middle East

Tesla’s new Cybertruck is shown on display at a Tesla store in San Diego, Dec. 9, 2023. REUTERS/Mike Blake Many electric vehicles lost eligibility for tax credits of up to $7,500 after new battery sourcing rules took effect on Monday, including the Nissan Leaf, Tesla Cybertruck All-Wheel Drive, some Tesla Model 3s and Chevrolet Blazer EV, the U.S. Treasury said. The Treasury issued guidelines in December detailing new battery sourcing requirements aimed at weaning the U.S. electric vehicle supply chain away from China. They took effect on Monday. The number of EV models qualifying for U.S. EV tax credits fell from 43 to 19. Those figures include different versions of the same vehic

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