Trump’s Policies Could Deal a Serious Blow to Electric Vehicles and Green Politics

Mark
trump
Share:

The federal EV tax credit is still in place, offering up to $7,500 for new electric vehicles (EVs) and $4,500 for used ones. This credit was part of the Inflation Reduction Act and can’t be eliminated without Congress.

However, President Trump and many Republican lawmakers want to get rid of it, as per The Verge. They’ve tried to kill it before, but under Biden’s leadership, those attempts failed. Now that Republicans control both the House and Senate, there’s a real chance they’ll succeed in rolling back the credit.

But, it’s not a quick process. Trump’s moves, like his proposed tariffs on Mexico and Canada, could take time to unfold, involving legislation, hearings, and negotiations. Even if the credit does get axed, it may take a while. In the meantime, the EV industry and consumers are left wondering how it’ll all play out.

Trump’s stance is clear—he plans to undo Biden’s push for EVs as part of his environmental policies. But this may cause more harm than good. Experts argue that if the credit disappears, it will make EVs less affordable, affecting both the auto industry and the environment.

There’s resistance even within Trump’s own party. Some Republican lawmakers, especially those in states that benefit from clean energy investments, have spoken out against scrapping the EV credits. They argue that repealing them could hurt ongoing projects and private investments.

For automakers, this uncertainty isn’t good. The auto industry is already facing challenges, with major players like Nissan and Volkswagen struggling. And if Trump’s tariffs on imported cars go through, manufacturers may have to increase prices or rethink their supply chains, which could hurt sales.

So, what’s next? It’s hard to say.

EV sales might slow down, and automakers could face more difficulties. Some companies might even face job cuts. Legal battles are almost certain as Trump’s executive orders set in motion changes that will likely trigger lawsuits. It’s clear that the future of EV incentives and emissions standards is up in the air for now.

Have something to add? Let us know in the comments below!

Share:

Mark is the kind of person who gets way too excited about new software updates and can’t resist taking apart gadgets—just to see if they can put them back together. With years of experience in tech journalism and a love for all things digital, Mark writes about the stories behind the screens, from game-changing innovations to the everyday tech that keeps life running smoothly. Outside of work, they’re the go-to “tech support” for friends and family, whether it’s fixing a printer that won’t cooperate or explaining why Grandma’s laptop keeps showing pop-ups. When Mark isn’t glued to their screen, they’re probably building their dream PC, rewatching sci-fi movies for the hundredth time, or testing a gadget that promises to “change everything.” Spoiler: they’ll let you know if it actually does.