'Not trivial': EV sales could drop nearly 30% if Trump repeals tax credit
- Posted on November 21, 2024
- By AOL
- 2 Views
'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.
