GM Confirms Full $7,500 Credit Across Entire EV Lineup Under MSRP Cap

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GM Confirms Full $7,500 Credit Across Entire EV Lineup Under MSRP Cap
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GM Confirms Full $7,500 Credit Across Entire EV Lineup Under MSRP Cap via insideevs.com

40 percent of the value of critical minerals need to be mined or processed in the United States , or recycled in North Americawill qualify for the full incentive of $7,500, and those requirements will gradually increase in the following years, to ensure than all-electric cars and key elements are produced locally.

General Motors is now well prepared for the transition, thanks to significant investments, partnership with LG Energy Solution and other partners."now leads the industry in the number of models qualifying for the full $7,500 consumer incentive"

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