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Automakers request Trump to maintain the EV tax credit for a competitive market.
Automotive Industry

Automakers Urge Trump to Retain EV Tax Credit Amid Policy Changes

As President-elect Trump prepares for office, auto industry leaders plead to retain the $7,500 EV tax credit and stabilize emissions standards, emphasizing the importance of competitiveness and job...

automotive industryTesla's latest performance highlights post remarkable recovery and future EV plans.

Tesla's Remarkable Turnaround: Surging Gains and Future EVs

Tesla, once in a slump, is now experiencing its biggest gains in 11 years. Lower material costs, a booming energy segment, and the upcoming release of cheaper EVs are driving this turnaround.

automotive industryRivian vehicles on display highlighting the electric vehicle production challenges.

Rivian Reduces EV Production Forecast Amid Supply Shortages

Rivian announces it will produce fewer electric vehicles in 2024 than in 2023 due to a critical parts shortage, revising its output forecast to 47,000-49,000 vehicles. This follows below-expectatio...