Ford and General Motors have devised a strategy using their captive finance companies to extend the federal $7,500 electric vehicle tax credit for retail leases beyond the September 30 deadline.

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Ford Motor Company has delayed the launch of its next-generation electric pickup and large van programs until 2028.

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Türkiye has significantly increased the Special Consumption Tax (SCT) on electric vehicles, raising the lowest rate from 10% to 25%.

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Tesla's Cybertruck production and sales are significantly below initial projections, with annual sales at only about 10% of the 250,000 unit target.