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Under Democrats’
Build Back Better legislation, buyers would get a refundable tax credit of up to $12,500 for buying an electric vehicle – but, the only electric vehicle that would qualify for the full refund
isn’t even being sold or in production, because battery fires sparked a recall.
GM temporarily pulled the plug on production of the Chevy Bolt in August. But, on Thursday, the manufacturer announced that it’s extending the halt in Bolt production at its Orion, Michigan assembly plant.
Bolt production was initially suspended in August. GM is now extending its suspension until January 2021.