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Elimination of Tax Credits On Imports Will Be A Massive Blow To Business – Hyundai

Vernon

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Staff member
Last week a Hyundai Motor executive spoke about the Biden administration’s recent decision to eliminate tax credits for imported electric vehicles. The elimination of tax credits is expected to significantly impact the automaker’s business. In particular, it puts Hyundai at an unfair disadvantage against American electric vehicle manufacturers, who will still be eligible for the … (read full article...)
 
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