in order for customers to claim tax credits for an EV the vehicle must meet certain North American content requirements.
But that decision process won't be protracted. Deusmann said it will “for sure be finalized within this year.” The situation has moderated somewhat but the automaker is still feeling its effects “here and there,” Deusmann said. “We lost two ships for taking cars back and forth over the Atlantic Ocean,” said Deusmann. “So we it's a multiple crisis situation we handled well and we we are successful and you see how much money we earned. That's all good. But we could have built many more cars if we hadn't had any, any issues and logistics and supply chain and we could have had a much better financial results we hadn't had so so it's half positive way of looking at it.
Looks like they're on the way to going bankrupt because EVs are a vanity purchase. Who's going to pay $80,000 for car that could be sold for $40,000 with a combustion engine.