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groundloop

(12,725 posts)
Mon Dec 16, 2024, 11:39 AM Dec 2024

Exclusive: Trump transition team to roll back Biden EV, emissions policies

Source: Reuters

Incoming U.S. President Donald Trump’s 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 China’s 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 Biden’s 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.
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Exclusive: Trump transition team to roll back Biden EV, emissions policies (Original Post) groundloop Dec 2024 OP
What does Elmo think of that? Cattledog Dec 2024 #1
It hurts Elon's competitors like GM more than him. GoreWon2000 Dec 2024 #5
He will arrange to be exempted from everything Miguelito Loveless Dec 2024 #7
EV Tax Credit Renaissance Man Dec 2024 #2
I can't wait to choke on smog again! Basso8vb Dec 2024 #3
Most car parts are made in China so inflation here we come GoreWon2000 Dec 2024 #4
Can't Democrats filibuster the $7,500 EV tax credit removal? Polybius Dec 2024 #6

Miguelito Loveless

(4,889 posts)
7. He will arrange to be exempted from everything
Mon Dec 16, 2024, 02:29 PM
Dec 2024

but the tax credit. All the rest will damage his competitors more. Which is why he bought 45.

Renaissance Man

(680 posts)
2. EV Tax Credit
Mon Dec 16, 2024, 12:05 PM
Dec 2024

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.

GoreWon2000

(1,358 posts)
4. Most car parts are made in China so inflation here we come
Mon Dec 16, 2024, 01:54 PM
Dec 2024

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

(19,623 posts)
6. Can't Democrats filibuster the $7,500 EV tax credit removal?
Mon Dec 16, 2024, 02:02 PM
Dec 2024

It really helped me to get my car this year.

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