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.
Gas prices don’t matter to people as much as they say, or they would have been pissed when he rolled back the mpg requirements last time. Gas prices are $2.50 a gallon! Why yes, but you would have got more than twice as far if you didn’t buy a car getting 20mpg, the requirements were set to 45mpg. But yikes, that would have cut fuel use and helped the environmental impacts… Can’t have that. Better to pay more than double to stick it to all our offspring and humanity