General Motors is expected to lose the $7500 electric vehicle tax credit in the near future; more specifically, in the first quarter of 2019.
According to Edmunds, the automaker has sold approximately 186,670 examples of the Chevrolet Bolt, Spark, Chevrolet Volt, and Cadillac CT6 plug-in hybrid. As soon as this figure exceeds 200,000, the tax credit will no longer be available.
Read Article