Marketplace RIP to the EV tax credit
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Jul 8, 2025 Kristen Schwab from Marketplace dives into the recent termination of the electric vehicle tax credit, a crucial incentive that spurred innovation for nearly two decades. She discusses the broader impact this change might have on the EV market. Additionally, the conversation explores how major retailers are turning to vertical integration to combat supply chain issues. The episode also touches on Canada's first liquefied natural gas shipment to Asia and how some companies are adopting brutally honest recruiting practices.
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Tariffs Threaten Free Trade
- U.S. tariffs create uncertainty and can undermine free trade, impacting critical sectors like semiconductors and automobiles.
- Retaliation risk limits countermeasures; markets may be the main force countering tariffs.
Vertical Integration Enhances Agility
- Vertical integration allows big retailers to control costs and respond quickly to supply chain disruptions.
- It enables agility in pricing and product trends, cutting out middlemen and markups.
EV Tax Credit Boosts Market Growth
- EV tax credits allowed car companies to scale production and invest in battery technology.
- The credit softened consumer sticker shock, accelerating EV market growth to over 8% of U.S. vehicle sales.