The U.S. will produce fewer electric cars
Automotive titans in the United States (US) warned yesterday, November 20, that they may delay the pace of electric vehicle manufacturing as they anticipate Republican Donald Trump’s arrival in the White House, ready to overturn the Joe Biden administration’s pro-climate efforts.
Automotive giants in the United States (US) indicated yesterday, November 20, that they may slow the pace of electric vehicle production as they await the arrival in the White House of Republican Donald Trump, eager to reverse the pro-climate initiatives of the Joe Biden administration.
The Trump transition team has discussed the possibility of eliminating a $7,500 tax credit for the purchase of electric vehicles, according to the press. This subsidy is included in the Inflation Reduction Act of 2022.
Trump, who believes climate change is a hoax, supports continuing production of combustion vehicles.
Industry executives stated that they are ready for potentially big policy changes in Washington.
