Reported about 7 hours ago
Electric vehicle (EV) prices could rise significantly by over $12,000 if the EV tax credit is repealed alongside new tariffs, according to Brent Gruber from J.D. Power. This potential change may drastically affect consumer interest in EVs, particularly for those on the fence about purchasing one, ultimately impacting automakers like GM, Ford, and Tesla who rely heavily on these incentives.
Source: YAHOO