Let yourself be inspired

Follow Me
s

Automobiles

Rules for a $7,500 tax break for electric vehicle purchases and leases recently changed, but more far-reaching changes are expected when President-elect Donald J. Trump takes office.

The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.


It’s not uncommon to see blazing headlines in newspapers and magazines, not to mention on the local evening news, reporting yet another electric vehicle fire. With so many

Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.

The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.

The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.

Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.

German
Hello! Questions? We're here 🙂
error: Content is protected !!