President Donald Trump signed an executive order on Monday that revokes a 2021 policy initiated by Joe Biden. The policy aimed for 50% of all new vehicles sold in the U.S. to be electric by 2030.
Stopping Charging Station Funding
Trump’s order halts the distribution of unspent funds from a $5 billion government initiative for vehicle charging stations. He also called for ending the waiver that allowed states to adopt zero-emission vehicle rules by 2035.
Reevaluating Emissions Rules
Trump’s administration will reconsider stricter emissions standards that require automakers to sell between 30% and 56% electric vehicles by 2032. He also directed the Environmental Protection Agency (EPA) to review California’s waiver, which allows the state to ban gasoline-only vehicles by 2035. Eleven other states adopted this rule.
Reviewing EV Tax Credits and Market Distortions
Trump’s order suggests reviewing the $7,500 tax credit for electric vehicles and other government subsidies. He argues that these incentives distort the market and favor electric vehicles over other technologies.
Changing Energy Policy
Trump has vowed to increase U.S. oil production and roll back Biden’s clean energy initiatives, which include subsidies for wind and solar power. He has also promised to end Biden’s “EV mandate,” though the specifics of his policies remain unclear.
Future of EV Policies
Trump’s executive order signals a shift in the U.S. approach to electric vehicles. While the full extent of his actions is still unfolding, it marks a significant departure from Biden’s push toward EV adoption.