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President Biden’s landmark climate law could be repealed in a Trump administration.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.
More efficient manufacturing, falling battery costs and intense competition are lowering sticker prices for battery-powered models to within striking distance of gasoline cars.
He has vowed to shred President Biden’s E.V. policies and has threatened that “You won’t be able to sell those cars.”
The states have been major beneficiaries of the Biden administration’s key economic policies, such as spending on infrastructure, manufacturing and clean energy.
The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.
President Biden and former President Donald J. Trump offer vastly different policy paths on almost every aspect of the economy.
Electric vehicles are booming as expected, a new analysis found, but renewable power isn’t growing as quickly as hoped.
It and other foreign automakers are trying to exploit upheaval caused by new technology to gain market share from their dominant rivals.
Executives of companies with clean energy projects are facing questions about the potential for a rollback of the law and its incentives if a Republican wins.