With Trump winning the election, there could be big shifts ahead for the U.S. EV industry. The rapid growth in EV adoption has been supported by federal incentives, stricter emissions standards, and various clean energy policies under Biden. Now, Trump might reverse policies like the near-zero emissions mandates and EV tax credits, which were designed to encourage more Americans to go electric over time.
In trade, we might see renewed emphasis on reducing reliance on China, likely through higher tariffs on EV battery components sourced internationally. While this could promote local manufacturing, it would also likely raise costs for EV consumers.
There’s also a chance Trump will challenge California’s independent emissions standards, which 17 other states follow. If that happens, car manufacturers might not push as hard toward zero-emission vehicle production, affecting green innovation overall.
However, automakers like Ford and GM might still stand by their green commitments, and Tesla’s Elon Musk, who may align with Trump, could seek federal support for self-driving technology. Infrastructure developments, however, might not advance as quickly.
In short, it looks like the U.S. EV industry is heading into a complex period that could present both challenges and new opportunities.
If Trump focuses more on backing Tesla and driverless cars, I could see that leading to reduced investment in public transport infrastructure, especially for things like electric buses.
Christopher said:
If Trump focuses more on backing Tesla and driverless cars, I could see that leading to reduced investment in public transport infrastructure, especially for things like electric buses.
I agree, public transit like Amtrak and buses could be deprioritized. Musk has pushed for a driverless taxi network, and Republicans may be aligned on reducing public transit investments.
Unfortunately, Trump’s approach will likely be transactional—those who back him financially may benefit. This could mean EV subsidies vanish if they don’t align with his supporters.
Randy said:
Unfortunately, Trump’s approach will likely be transactional—those who back him financially may benefit. This could mean EV subsidies vanish if they don’t align with his supporters.
Yes, I expect corruption spun as ‘good business sense.’ Loyalty will be key to any industry support.
emma said:
Anyone who wants that $7500 or $4000 EV tax credit might need to buy before Trump takes office.
Given Trump’s past focus on undoing previous administrations’ policies, I wouldn’t be surprised if the Inflation Reduction Act (IRA) gets repealed early in his term.
EVs will continue to thrive in global markets that don’t face the same political headwinds. U.S. automakers may either keep making EVs for international markets or lose out. The U.S. EV market might just see slower adoption.
@Nathan
If you own a home with a 40-amp circuit, the savings of charging vs. gas is huge. Many were wary of EVs, but some simple planning can prevent ‘cold-weather’ issues.
Battery prices are continuing to fall, and with them, EV costs. By 2028, EVs could reach cost parity with gas cars. U.S. automakers will still have to compete in the global market.
With California’s emissions standards at risk, it’s interesting how states’ rights become less significant when it doesn’t suit certain political agendas.
States like CA might counter federal rollbacks by increasing their own EV incentives. There are multiple ways for states to promote EVs independently, even imposing higher registration fees on ICE vehicles to subsidize EVs.