This Is A Big Moment For Automakers In The USA - CleanTechnica

The article discusses the recent expiration of the $7,500 federal tax credit for electric vehicles (EVs) in the United States, a move attributed to political opposition influenced by the oil industry. Despite this setback, EV sales had already reached about 10% of U.S. auto sales at the time the credit ended, with some markets seeing even higher shares. The tax credit had played a significant role in stimulating EV adoption, but automakers historically have been reluctant to ramp up EV production unless mandated by regulations requiring lower fleet emissions or specific EV sales targets. Looking ahead, the article highlights a pivotal moment for U.S. automakers: they can either reduce their EV efforts or seize the growing momentum to lead the transition to electric vehicles. Recent price cuts by companies like Hyundai, Nissan, Tesla, and Chevrolet demonstrate efforts to make EVs more financially attractive even without subsidies. The author argues that automakers with a long-term vision will capitalize on the benefits of EVs—such as home charging convenience