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Auto Industry at Center of 2024 Presidential Race

The election's outcome could reshape the future of electric vehicles and the broader automotive landscape in the U.S.

  • The automotive industry is a pivotal issue in the 2024 presidential election, particularly in swing state Michigan, which holds significant sway with its 1.1 million auto jobs.
  • Vice President Kamala Harris and former President Donald Trump present contrasting visions for the industry's future, especially regarding electric vehicles (EVs) and emissions regulations.
  • Harris is seen as likely to continue Biden's policies with some adjustments, while Trump is expected to roll back emissions standards and EV incentives, potentially altering the Inflation Reduction Act.
  • Both candidates express concerns about China's growing automotive influence, with trade policies and tariffs being key discussion points, but neither offers clear solutions.
  • The election's focus on EVs has highlighted a political divide, with Democrats supporting infrastructure and incentives, while Republicans criticize perceived government overreach.
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