Toyota used up all its EV tax credits on hybrids

Toyota has reached the 200,000-unit cap on electric and plug-in-hybrid vehicles that are eligible for a federal tax credit of $7,500. While the Japanese automaker does have exactly one electric vehicle in its lineup that is eligible for credit, Toyota has mainly used up its tax credit on plug-in hybrids. Most of the credits were … Continue reading Toyota used up all its EV tax credits on hybrids