The Inflation Reduction Act ends per-manufacturer limits for the $7,500 tax credit for electric vehicle purchases, a boost for electric vehicle makers. But the vehicles will have to be built in North America and carmakers will have to quickly end a reliance on China for the battery supply chain.
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| | | | | | | | | Carvana books another big quarterly loss. Toyota tries to make things right for buyers of its new EV. Tesla plans for another assembly plant to keep growing rapidly. EV incentives appear set to pass the Senate, but which will get the benefit? Also: A study finds more dealers speeding up financing with e-commerce tools. LISTEN HERE >
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