US President Donald Trump has revoked a 2021 executive order signed by Joe Biden aiming to make half of all new vehicles sold in the US electric by 2030. The move also freezes unspent government funds for vehicle charging stations and could lead to the repeal of state emissions waivers that support the sale of gasoline-powered cars.
President Trump announced the reversal on Monday, stating he would consider ending EV tax credits and potentially repealing subsidies that favor electric vehicles over other technologies. The decision has sparked concern among automakers and environmental groups, which had previously supported Biden’s EV target.
The move comes as part of broader efforts by Trump to roll back clean-energy initiatives and boost US oil production. Trump campaigned on ending the “EV mandate,” without outlining specific policies, but promised to reduce reliance on electric vehicles and increase domestic oil production.
The reversal of Biden’s executive order is seen as a significant blow to the development of the electric vehicle industry in the US. It could have far-reaching implications for automakers, investors, and consumers who had been expecting a more supportive regulatory environment for EVs.
Source: https://www.reuters.com/business/autos-transportation/trump-revokes-biden-order-that-set-50-ev-target-2030-2025-01-21