EV sales could drop nearly 30% if Trump repeals tax credit
'Not trivial': EV sales could drop nearly 30% if Trump repeals tax credit
For the automotive industry, reports that President-elect Donald Trump and his team are looking to repeal the $7,500 federal tax credit are not surprising. However, the effect of a potential repeal could be massive for automakers betting on EVs being the future.
Automakers urge Trump to preserve EV tax credits, boost self-driving cars
A group representing major automakers including General Motors , Toyota Motor Corp , and Volkswagen urged President-elect Donald Trump to retain key tax credits for electric vehicle purchases and take steps to speed deployment of self-driving cars.
Nio, Xiaomi, and Xpeng have all broken sales records in recent months, but continue to report heavy losses.
With cutting-edge advancements and massive investments, China is outpacing the U.S. in EV development, can America catch up?
In an era of increasingly hard-hitting disasters, some people are turning to their EVs as a part of their recovery plan.
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
Anglo-Australian mining company's $30 billion settlement of a long-running compensation claim from 700,000 Brazilians could ...
GM Authority is serving up a full breakdown of pricing for the all-electric 2025 Chevy Blazer EV crossover, including all of ...
As the electric vehicle (EV) market expands, manufacturing processes must adapt to meet the growing demand for effectiveness, ...
For a long time after the Clubman was killed off, Mini didn’t sell anything that was sized between its Cooper hatch and its ...
Digital Trends on MSN1d
If you’ve been planning on buying an EV, now might be the timeWell, the days of being able to count on a $7,500 rebate on EV purchases may be coming to a close. The federal EV tax ...
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