President Donald Trump has 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 Democrats.
An AP drone reveals Gaza's apocalyptic aftermath after 15 months of warThe Afternoon WireFrom TikTok to Jan. 6, this is what President Trump did on his first day back in officeIchiro is set to become Japan's first Hall of Famer.
Language in the order and others issued by Trump on Monday indicate he is likely to seek to repeal a $7,500 tax credit for new EV purchases approved by Congress as part of Biden’sthat allows California to phase out the sale of gas-powered cars by 2035. The federal waiver is important not only to California but also to more than a dozen other states that follow its nation-leading standards on vehicle emissions.
While the cost of EVs has slowly come down as the auto industry scales manufacturing of the vehicles and expensive battery prices improve, they still cost more upfront than traditional gasoline-powered cars.Temporarily, sales of EVs could skyrocket as car-buyers rush to take advantage of existing tax credits encouraging electrified car purchases.
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