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Auto Industry Shifts

All articles tagged with #auto industry shifts

business6 months ago

Upcoming End of US EV Tax Breaks and Market Impact

The US auto market is expected to undergo significant changes following the end of EV tax credits on September 30, 2025, leading to a potential rush to buy before incentives expire, shifts in automaker strategies, and increased competition from global manufacturers, with Tesla likely to adapt through price adjustments and new model releases. The industry may pivot towards hybrids and less expensive EVs, while Chinese imports and other market dynamics could further influence the landscape.