WASHINGTON, March 12 (Reuters) - General Motors ( GM )
said Wednesday the Detroit automaker built about 20,000 electric
vehicles this year that did not qualify for EV tax credits
before regaining access after supply chain changes.
GM lost access to EV tax credits for nearly all of its
models on Jan. 1 when new battery sourcing rules from the U.S.
Treasury made many EVs ineligible. GM has since regained
eligibility for many EVs including the Blazer EV and Cadillac
Lyriq after it made sourcing changes. GM Chief Financial Officer
Paul Jacobson said Wednesday over a 60-day period this year GM
built about 20,000 EVs that did not qualify.