Trump’s Plan to Kill EV Tax Credits ‘Could Benefit China’

Quick Summary:

The tax credit rules were aimed at lowering the US’ reliance on China's supply chains and could hurt America's hope of becoming a 'global leader' in electric vehicles, critics say

The post Trump’s Plan to Kill EV Tax Credits ‘Could Benefit China’ appeared first on Asia Financial.

ZETA warned in its statement that killing EV tax credits would undercut those investments and hurt American job growth.

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Article Details

Author / Journalist: Vishakha Saxena

Category: InvestingBusiness

Markets: Hong KongAzerbaijanChinaTaiwanUnited States

Topics: Asia Carbon Markets World EV Tariffs China Tech Elon Musk Capital Markets China EV China Electric Vehicle Index China-US Economic Ties Electric Vehicles EV Companies Donald Trump US-China Transport Insights Transport Tesla Market Insights Regions Global Green Energy Transport and Technology Leaders Index

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-18 @ 13:02:14 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 706 words

Reading Time: 4 minutes read

Sentences: 38 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Asia Financial

News ID: 23665442

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