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GM Wants Congress to Extend an Electric Vehicle Tax Credit That Trump Dislikes

December 10, 2018

Via: Fortune

When General Motors announced plant closings and a 15% workforce cut, the plan was to plow savings into electric and autonomous vehicle development, which is seen as the industry’s future.

But selling electric vehicles (EVs) will get tough without a $7,500 credit that the Trump Administration has said will end. Now GM is fighting to keep the consumer tax credit, reported the Associated Press.

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