Slate's Electric Truck Price Rises After EV Tax Credit Cuts

Slate, a U.S. manufacturer of electric vehicles, has announced that the price of its electric pickup truck will no longer be under $20,000. This change comes after President Trump decided to eliminate tax credits for electric vehicles, which previously helped lower the overall cost for buyers. Without these credits, potential customers will have to pay more for the truck, making it less affordable for many. The removal of these tax incentives has raised concerns among consumers and advocates for electric vehicles. The credits were designed to encourage the adoption of cleaner transportation options, and their removal could slow down the growth of the electric vehicle market. With higher prices for trucks like Slate’s, it may become more challenging for individuals to make the switch from traditional gas-powered vehicles to electric ones.
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