Ford, GM, Stellantis, Toyota Urge Congress to Lift EV Tax Credits Cap

Ford, GM, Stellantis, Toyota Urge Congress to Lift EV Tax Credits Cap
A Rivian electric pickup truck sits in a parking lot at a Rivian service center in South San Francisco on May 09, 2022. Justin Sullivan/Getty Images
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By Riley Beggin From The Detroit News

WASHINGTON—Ford Motor Co., General Motors Co., Stellantis NV, and Toyota Motor Corp. sent a letter to congressional leaders Monday urging them to lift the 200,000 customer cap for existing electric vehicle tax credits.