U.S. auto industry's shift toward EVs to go on despite Trump threat to kill tax credits: AP

NAMPA / Xinhua

2024-11-26

NEW YORK, Nov. 26 (Xinhua) -- Tax credits or not, U.S. auto companies show no intention of retreating from a steady transition away from gas-burning cars and trucks, especially given the enormous investment they have already made: since 2021, the industry has spent at least 160 billion U.S. dollars on planning, designing and building electric vehicles (EV), according to the Center for Auto Research. Most automakers say their ambitious plans fo......

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