Automotive & Transportation
Automotive and Transportation
Automotive and Transportation
Wed, November 27, 2024
[ 05:41 PM ] - Aaron Neefham
[ 05:41 PM ] - Aaron Neefham
[ 05:41 PM ] - Aaron Neefham
[ 05:41 PM ] - Aaron Neefham
[ 05:41 PM ] - Aaron Neefham
[ 05:41 PM ] - Aaron Neefham
[ 05:21 PM ] - Aaron Neefham
[ 05:21 PM ] - Aaron Neefham
[ 11:21 AM ] - Aaron Neefham
[ 09:21 AM ] - Aaron Neefham
[ 08:21 AM ] - Aaron Neefham
[ 01:41 AM ] - Aaron Neefham
Tue, November 26, 2024
[ 11:01 PM ] - Aaron Neefham
Automakers carry on with EV transition plans despite Trump's threat to kill tax credits
- 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.
The article from Fast Company discusses the automotive industry's response to the potential changes in EV tax credits under a Trump administration. It highlights how automakers are preparing for a possible rollback or modification of the current EV incentives, which have been crucial in boosting electric vehicle sales. The piece mentions that companies like General Motors and Ford are lobbying to maintain some form of EV incentives, recognizing the importance of these credits in meeting their sustainability goals and consumer demand. There's also mention of the industry's pivot towards more flexible manufacturing to adapt to policy changes, with some companies exploring alternative incentives like infrastructure development or different tax benefits. The article underscores the uncertainty in the market, with manufacturers and investors wary of policy shifts that could affect the EV market's growth trajectory.
Read the Full Fast Company Article at [ https://www.fastcompany.com/91236793/auto-industry-ev-transition-plans-trump-tax-credits ]
Read the Full Fast Company Article at [ https://www.fastcompany.com/91236793/auto-industry-ev-transition-plans-trump-tax-credits ]
