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Technology

'It Would Just Be Dumb': Kia Exec On Plan To Kill EV Tax Credit

Kia Donald Trump United States Hyundai Hyundai Motor Group the Hyundai Motor Group electric vehicle InsideEVs Kia America
  • Kia America's COO said that eliminating the tax credit for EV purchases would be "messed up."
  • Kia and other carmakers have made large investments to comply with the credit's rules, so killing it would be "pulling the rug out" from under the auto industry.
  • He said the change would "hurt," but it wouldn't crush EV sales. 
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