For the latest battery report, I charted the effects of a potential repeal of the $7,500 federal incentive and of course tariffs on EV sales.
I used our sales forecast for U.S. plug-in EV sales as a base case. In the most extreme scenario (PED of -1.91), repealing the $7,500 federal rebate (essentially a 15% price increase plus a potential 25% price increase from tariffs, could mean losing over 75% of the forecasted U.S. sales volume.
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