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EV Sales Could Slow as Tesla, Nissan, GM Lose U.S. Tax Credits on Some Models

EV Sales Could Slow as Tesla, Nissan, GM Lose U.S. Tax Credits on Some Models

The New Year brings bad news for potential EV buyers as only a handful of models now qualify for federal tax credits of up to $7,500. That’s because of new requirements covering the sourcing of batteries and raw materials like lithium and cobalt. Among the brands impacted are Tesla, Nissan, General Motors and Ford. And analysts worry this could further slow growth of EV sales.

First Drive: 2024 Blazer EV – Something for Everybody

First Drive: 2024 Blazer EV – Something for Everybody

Chevrolet is getting into EVs in a big way, the bowtie brand beginning to ramp up production of an all-electric Silverado, prepping the Equinox EV for a launch next year, and confirming the Bolt nameplate will return in all-new form. But the spotlight now is on a battery-powered version of one of its most popular model lines. And Headlight.News spent several days in sunny San Diego getting a chance to drive two versions of the 2024 Chevy Blazer EV.