Automotive and Transportation Automotive and Transportation
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Trump Revokes Biden EV Targets, Freezes Funds for Nationwide Charging Network
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[ 11:21 PM ] - Reuters
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[ 01:21 PM ] - Gizmodo
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[ 09:01 AM ] - MSN
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Fri, January 17, 2025
[ 07:21 PM ] - MSN
It's Virtually Impossible To Predict Where The Auto Industry Is Heading Next

Trump Revokes Biden EV Targets, Freezes Funds for Nationwide Charging Network


Published on 2025-01-21 15:41:30 - MSN
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  • Trump is also 'considering the elimination' of the $7,500 EV tax credit, though that one is more difficult to unravel since it's part of the Inflation Reduction Act and runs through 2032.

The article from MSN discusses former President Donald Trump's actions to revoke President Joe Biden's electric vehicle (EV) targets and freeze funds allocated for a nationwide EV charging network. Trump's decision aims to undo Biden's environmental policies, which sought to increase the adoption of electric vehicles as part of a broader strategy to combat climate change. This move includes stopping the flow of funds intended for the development and expansion of EV charging infrastructure across the United States, potentially impacting the growth of the EV market and the transition to cleaner transportation options. Critics argue that this could set back efforts to reduce greenhouse gas emissions from the transportation sector, one of the largest contributors to air pollution.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/trump-revokes-biden-ev-targets-freezes-funds-for-nationwide-charging-network/ar-AA1xBk25 ]
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