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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.

Here are the 40+ EVs Coming to Market in 2024

Here are the 40+ EVs Coming to Market in 2024

As recently as 2019 you’d have to struggle to find an EV at your local showroom. Today, however, there are more than 50 different nameplates available in the U.S., the vast majority offered with range exceeding 200 miles – and some products doubling that figure. But the pace of introductions is only set to accelerate, with dozens of new battery-electric vehicles soon coming to market. Headlight.News checks out the most interesting and important products debuting in 2024.