Saturday 16/November/2024 – 01:41 PM
A group representing the largest manufacturers of electric cars and batteries in America urged US President-elect Donald Trump not to cancel tax breaks for sales and production of electric cars, noting the impact this would have on key states that voted for the Republican.
Electric car companies urge not to eliminate vehicle tax breaks
According to what Reuters reported, an alliance of giants appealed Electric cars And battery companies, including Tesla and LG, President-elect Trump has retained tax incentives for the production and sales of electric vehicles, as they claim that eliminating them would hinder economic growth and undermine existing investments.
The Zero Emissions Transportation Association, whose members include Rivian, LG, Tesla, Uber, Lucid, and Panasonic, said that production tax breaks have contributed to creating massive job opportunities in states such as Ohio, Kentucky, Michigan, and Georgia, warning that eliminating tax breaks for production and consumption would… Undermining those investments while harming American job growth.
