A new report highlights a paradox: America’s automakers must continue to invest in electric vehicles despite potential federal support being eliminated. The Republican plan to repeal the $7,500 consumer tax credit and freeze EPA emissions standards would largely benefit gasoline-powered auto industry, leaving carmakers with a difficult decision: adapt to global competition or risk facing uncertainty and potentially costly investments.
Source: https://evworld.com/article.php?id=265&slug=caught-in-the-squeeze-why-automakers-must-make-evs-even-as-trump-plans-to-kill-incentive