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InsideEVs
InsideEVs
Technology

Automakers Call For Gradual Tax Credit Phase-Out Instead Of Trump’s Rug Pull

  • Automakers are uncertain about the future of the Inflation Reduction Act and the EV tax credit.
  • If it's repealed, manufacturers are calling for a multi-year phase-out.
  • An instant repeal could cost the U.S. thousands of jobs and billions of dollars, plus an uncertain future of American position in the global EV race, they argue.
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