White House bows and makes more EVs eligible for incentives
Regarded a crossover and not an SUV, the Cadillac Lyriq couldn’t benefit from EV subsidies in the USA, despite being locally manufactured /GM
The US Treasury Department has amended the criteria for clean vehicles eligible for a subsidy under Biden’s Inflation Reduction Act (IRA). While some crossovers didn’t qualify, the administration has rectified the vehicle classification definitions, which raises the price limits for specific mod
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