"Electric Carmakers Turn To Congress As Tax Credits Dry Up"

"The future of electric cars is in Congress’s hands, with lawmakers divided over whether to extend a popular tax credit.

Electric car manufacturers are only allowed to offer a federal tax break on their first 200,000 vehicles sold under a 2009 law, and many are now hitting that cap, most notably Tesla.

That’s setting off a fight in Congress, where Democrats are eager to extend the breaks and help the growing electric car industry but Republicans hope to end what they see as an unnecessary subsidy."

Miranda Green reports for The Hill September 27, 2018.

Source: The Hill, 09/28/2018