The company said it's proposing revisions to make zero- and lower-emission cars more affordable at a time when EV adoption is growing at a slower rate.

A group representing major automakers including General Motors , Toyota Motor Corp , and Volkswagen urged President-elect Donald Trump to retain key tax credits for electric vehicle purchases and take steps to speed deployment of self-driving cars.

One advocate is pushing the incoming Trump administration to keep the electric-vehicle purchase tax credit: the traditional auto industry. That might surprise investors. Ford Motor and General Motors lose billions selling EVs and make many more billions selling traditional gasoline-powered vehicles.

Previously, it was unclear how forcefully the industry would advocate for tax incentives under the Inflation Reduction Act.

Automakers who have invested billions in electric tech now fear they’ll be rendered uncompetitive if the new administration drops customer incentives