Trump Ends 50 Percent EV Target for 2030
On Monday, President Donald Trump revoked a 2021 executive order by former President Joe Biden that set a goal for 50% of all new vehicles sold in 2030 to be electric. Here’s a breakdown of what this means: This policy change could have significant implications for the auto industry and the future of EVs in the U.S. What’s Next for the Auto Industry? This policy change adds uncertainty for automakers who have already been investing heavily in EV development. It…