General Motors aims to cut Tesla’s lead with lower cost batteries even though the EV industry will suffer if Donald Trump ends consumer tax breaks as promised, said the carmaker’s battery guru Kurt Kelty.
The former Tesla executive told the Financial Times that the Detroit carmaker was still committed to chief executive Mary Barra’s vision of “an all-electric future”, despite the cloud hanging over the industry following Trump’s election.
“We’ve got to have a business case without the incentives. And so those are just taken out from the beginning,” Kelty said.
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