On one hand, enthusiasm for the newer kind of powertrain is high. Nearly 60 percent of surveyed car shoppers told analytics firm J.D. Power earlier this year that they're 'overall likely' to consider going electric; 24 percent said they were 'very likely.' EVs are definitely better for the environment, they generally cost less to maintain and fuel, and drivers report they're very fun behind the wheel. At the same time, that J.D. Power survey found that consumer demand for EVs has cooled compared to last year. Automakers have backed away from ambitious electric pledges as profits flounder and sales fail to tick up as quickly as they had hoped. Now, president-elect Donald Trump seems poised to roll back many US federal supports for electric vehicles. Reuters first reported that officials with the incoming Trump administration are exploring how to nix the $7,500 electric vehicle tax credit that first became available last year. For some EV buyers, the subsidy has helped bring down the...
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