What would losing the EV tax credit mean for consumers and carmakers?

What would losing the EV tax credit mean for consumers and carmakers?

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Business, Social Studies, Architecture

University

Hard

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The video discusses the potential impact of President-elect Trump's plans to undo the $7500 tax credit for electric vehicles, which could lead to a significant drop in EV sales. Albert Gore, Executive Director of the 0 Emission Transportation Association, highlights the importance of the credit for the mining sector and battery manufacturing. Despite concerns, the EV infrastructure is rapidly expanding, with significant investments from companies like Ford and GM. The video also explores the role of self-driving cars in economic development and addresses concerns about the impact of EVs on driving jobs.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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