Ford, Toyota Are at Odds With Their Suppliers Over Electric Vehicle Tax Credit
As automakers call on the US government to rethink a plan to limit tax credits for electric vehicles, they’re facing opposition from an unexpected source: their own suppliers.
As automakers call on the US government to rethink a plan to limit tax credits for electric vehicles, they're facing opposition from an unexpected source: their own suppliers. Car giants such as Ford Motor Co. and Toyota Motor Corp. say the government should loosen the terms of the $430 billion Inflation Reduction Act to allow manufacturers to…