Exclusive: Trump transition team to roll back Biden EV, emissions policies
Source: Reuters
Incoming U.S. President Donald Trumps transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China, according to a document seen by Reuters.
The recommendations, which have not been previously reported, come as the U.S. electric-vehicle transition stalls and Chinas heavily subsidized EV industry continues to surge, in part because of its superior battery supply chain. On the campaign trail, Trump vowed to ease regulations on fossil-fuel cars and roll back what he called President Joe Bidens EV mandate.
The transition team also recommends imposing tariffs on all battery materials globally, a bid to boost U.S. production, and then negotiating individual exemptions with allies, the document shows.
Taken together, the recommendations are a stark departure from Biden administration policy, which sought to balance encouraging a domestic battery supply chain, separate from China, with a rapid EV transition. The transition-team plan would redirect money now flowing to building charging stations and making EVs affordable into national-defense priorities, including securing China-free supplies of batteries and the critical minerals to build them.
Read more: https://www.reuters.com/business/autos-transportation/trump-transition-team-plans-sweeping-rollback-biden-ev-emissions-policies-2024-12-16/
They also want to get rid of the $7500 tax credit for EV purchases, a really stupid move given that automakers have recently introduced a wide array of new electric vehicles.
Cattledog
(6,429 posts)GoreWon2000
(1,103 posts)Miguelito Loveless
(4,736 posts)but the tax credit. All the rest will damage his competitors more. Which is why he bought 45.
Renaissance Man
(679 posts)I've actually been looking at the rollout of the GM and Chevy electric vehicles and thinking of purchasing one, because of the tax credit that's available.
If these morons are going to do this, then I guess I'll just maintain my current vehicle until the idiots are no longer in charge.
Basso8vb
(515 posts)GoreWon2000
(1,103 posts)Not only will this skyrocket inflation it also shows that tRump fails to understand that his big business buddies like sending jobs to low wage dictatorships because they don't want to pay living wages to American workers and because they get big tax breaks for sending jobs overseas.
Polybius
(18,664 posts)It really helped me to get my car this year.