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North Carolina EV battery industry holds steady amid tax credit rollbacks

Summary by WFAE

As part of the “battery belt,” North Carolina will soon be home to four lithium-ion battery factories, the power behind electric vehicles. But President Trump’s sweeping federal reconciliation bill eliminated tax credits for purchasing an electric vehicle, raising concerns about the future of the industry.

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North Carolina EV battery industry holds steady amid tax credit rollbacks

As part of the “battery belt,” North Carolina will soon be home to four lithium-ion battery factories, the power behind electric vehicles. But President Trump’s sweeping federal reconciliation bill eliminated tax credits for purchasing an electric vehicle, raising concerns about the future of the industry.

5 days ago

Read Full Article

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Coverage Details

Total News Sources2

Leaning Left1Leaning Right0Center1Last Updated4 days agoBias Distribution

50% Left, 50% Center

Bias Distribution

50% of the sources lean Left, 50% of the sources are Center

50% Center

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WFAE broke the news in 5 days ago on Thursday, July 10, 2025.

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