Trump is ending EV subsidies. What happens next?
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Trump indicated he is likely to seek to repeal a $7,500 tax credit for new EV purchases approved by Congress as part of Biden’s landmark 2022 climate law.
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 Democrats. The order, along with other steps expected in a second Trump administration, could slow U.S. efforts to address climate change, much of which is caused by burning gasoline and diesel fuel that emit carbon dioxide and other planet-warming greenhouse gases.