Topic: government regulations
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Ford and GM's EV Tax Credit Extension Plan Fails
Ford and General Motors have abandoned their plan to extend the $7,500 electric vehicle tax credit through a temporary leasing program after its official expiration date. The strategy faced political opposition from Republican senators who criticized it as a loophole, leading both automakers to w...
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China Bans Tech Firms from Buying Nvidia AI Chips
China has banned domestic tech firms from purchasing Nvidia's AI chips as part of a strategy to reduce reliance on foreign semiconductor technology. The ban is expected to slow development in China's tech industry, as Nvidia is the global leader in advanced AI processors, despite local alternativ...
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