Joe Manchin's little spat must have struck a nerve for Biden.
The White House Administration revealed new EV tax credit guidelines today that double down on American-made.
Here are the details.
Fewer vehicles make the cut for a $7,500 tax credit.
The hope is these guidelines will coerce companies to move away from undesirable trade partners making the U.S. and its allies more self-reliant.
But it means the average consumer will have fewer choices. Especially if they're strapped for cash.
Inflation is still a very real issue for the U.S. economy and EVs aren't cheap. Ford just raised the price of their electric F-150.
There's a lot of money in this sector and a lot of room for growth.
You can sit on the sidelines and watch it progress, or you can get involved …
Pay attention to critical market updates and focus on the hottest plays.
Tiada ulasan:
Catat Ulasan