NEW YORK -- The Biden administration's latest move to promote electric vehicles in the U.S. poses a roadblock for Toyota Motor and other Japanese automakers: a requirement to make the cars in North America.
Automobiles
U.S. tax credit for EVs out of reach for Toyota, most other Japanese cars
North American production rule for vehicles and batteries presents roadblock
Toyota Motor and other Japanese car companies make almost not electric vehicles or plug-in hybrids in North America. (Photo by Shuji Nakayama)
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