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EV companies, battery makers urge Trump not to kill vehicle tax credits
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EV companies, battery makers urge Trump not to kill vehicle tax credits
Nov 15, 2024 11:23 AM

WASHINGTON, Nov 15 (Reuters) - A group representing

major electric vehicle and battery manufacturers on Friday urged

President-elect Donald Trump not to kill tax credits for

electric vehicle sales and production, citing the impact on key

states that voted for the Republican.

The Zero Emission Transportation Association, whose members

include Rivian LG, Tesla, Uber ( UBER )

, Lucid and Panasonic ( PCRFF ), said production

tax credits have driven enormous job in states like Ohio,

Kentucky, Michigan, and Georgia, and warned killing those

production and consume tax credits would undercut those

investments and hurt American job growth. Reuters reported on

Thursday the Trump transition team wants to kill the $7,500

consumer tax credit for electric-vehicle purchases, citing

sources.

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