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What's next for EVs as Trump moves to revoke Biden-era incentives?

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  • 🞛 This publication is a summary or evaluation of another publication
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President Donald Trump signed an executive order promising to eliminate what he incorrectly labels "the electric vehicle mandate" imposed under former President Joe Biden. His order on Monday is consistent with pledges Trump made on the campaign trail to end what he calls a "preposterous" focus on EVs by Biden and other
The article from MSN discusses the potential future of electric vehicles (EVs) under a second term of President Donald Trump. It highlights Trump's previous skepticism towards EVs, focusing on his administration's rollback of fuel efficiency standards and the promotion of traditional automotive industries. Despite this, the EV market has grown significantly, with sales increasing and major automakers committing to electric futures. However, Trump's potential policies could include reversing current EV incentives, like tax credits, and possibly reevaluating California's ability to set its own emissions standards. The article also notes that while Trump might not outright ban EVs, his administration could shift focus back to fossil fuels, potentially slowing the EV transition. Industry experts suggest that while Trump's policies might create short-term uncertainty, the long-term trend towards electrification is likely to continue due to market forces, technological advancements, and global commitments to reducing carbon emissions.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/autos/electric-cars/what-s-next-for-evs-under-president-trump/ar-AA1xBzFB ]