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Not only are they not really hurt that much by the loss of the tax credit, they’ve already pulled back from their EV ambitions in many ways. That’ll be even easier for them now if they don’t have to spend money on offsets as well.

It is a bad time to be an EV-only manufacturer with mass-market ambitions right now.

Consumers on average are more interested in buying hybrids from the big boys instead of pure EVs and the promised mass market cheap EV game changer is now even more removed from reality with the loss of the tax credits.



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