Since 2021, the auto industry has spent at least $160 billion on planning, designing, and building EVs. If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s likely that fewer buyers will choose EVs.
Similar Stories to Automakers Carry On With Ev Transition Plans Despite Trump’s Threat To Kill Tax Credits on Bing News
Associated Press, Fast Company
Tue, 11/26/2024 - 6:30pm
BING NEWS:
- Tesla would likely be excluded from new California EV tax credits, Newsom's office says
Trump's transition team is considering eliminating the federal tax credit of $7,500 for EV purchases, Reuters reported this month.
11/26/2024 - 10:05 am | View Link - Trump looks to kill EV tax credit. What it means for automakers.
President-elect Donald Trump is considering eliminating the EV tax credit from Biden's Inflation Reduction Act (IRA), which currently allows purchasers of electric vehicles in 2023 and later to ...
11/17/2024 - 11:00 am | View Link - More
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