President-elect Donald J. Trump is expected to roll back many of the rules and subsidies that have attracted billions of dollars from the private sector to renewable energy and electric vehicles.
Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.
Donald J. Trump promised to erase Biden tailpipe rules that are designed to get carmakers to produce E.V.s. But Detroit wants to keep them.
President-elect Donald J. Trump wants Congress to repeal a $7,500 electric vehicle tax credit. Doing so would hurt American automakers.
A pesar de que Trump se ha opuesto a las políticas que favorecen a los vehículos eléctricos, si llega a la presidencia podría aliviar el escrutinio regulatorio de Tesla o proteger los créditos y subsidios lucrativos.
Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.
The Minnesota governor running for vice president on the Democratic ticket also had strong words for Elon Musk, the billionaire businessman who is working to get former President Donald J. Trump elected.
The Inflation Reduction Act was a compromise between competing priorities. Evaluating the law on the effectiveness of the $7,500 tax credit for E.V.s is tricky.
The former president’s comments on E.V.s have shifted since he has grown more friendly with Elon Musk, the billionaire Tesla founder.
President Biden’s landmark climate law could be repealed in a Trump administration. Experts said that would jeopardize $488 billion in American investments.