EV Tax Credit Impact
The recent changes to the EV tax credit are creating challenges for manufacturers like Hyundai, which are now scrambling to adjust production plans to qualify. While the immediate impact on demand may be limited due to existing supply constraints, the long-term penetration of EVs in the market is expected to grow significantly. Higher-priced models, such as those from Rivian and Lucid, face tougher hurdles as they fall outside the eligibility criteria, potentially affecting their sales trajectory.In this clip
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Catalyst with Shayle Kann
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