GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout: source

General Motors Co hit 200,000 total electric vehicles sold in the United States by the end of 2018, reaching a threshold that triggers a phase-out of a $7,500 federal tax credit over the next 15 months, a person briefed on the matter said Wednesday.

from Reuters: Business News https://reut.rs/2BXNIkV