Summary

The Trump transition team plans to dismantle key support for the US electric vehicle (EV) market by eliminating the $7,500 federal EV tax credit and diverting funds from EV charging stations to securing battery materials as a “national-defense issue.”

This marks a major shift from Biden’s policies, which prioritized rapid EV adoption and a domestic battery supply chain.

The plan includes imposing tariffs on battery parts and materials globally, with possible exemptions for allies.

These changes are expected to slow US EV growth, further widening the gap with Europe and China.

  • Madrigal
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    3321 hours ago

    Standard conservative mindset. Swimming against the tide.

    They might slow things, but the inevitable progress of technology plus equally inevitable increase in gas prices over time will shift the market to EVs anyway.