EV tax credit shifts to rebate Jan. 1, and not all dealers are ready

Mercedes-Benz dealership in New York CityMany U.S. car dealerships have not registered to begin offering the federal EV tax credit at the point of sale when that option becomes available Jan. 1. More than 7,000 dealerships have registered with the IRS to offer tax credits of up to $7,500 as point-of-sale rebates, the U.S. Treasury Department said Friday. But there are nearly 17,000...