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Wednesday, February 12, 2025

Report: GM, Ford seeking gradual EV tax credit phaseout

2025 Ford Mustang Mach-E RallyAutomakers are already preparing for the federal government stop electric vehicle tax incentives, lobbying for a gradual phaseout rather than an abrupt end, Bloomberg reported Tuesday. Several automakers, including Ford and General Motors, along with industry lobbying groups, have asked the Trump Administration and Republican Congressional...

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