12/17/2024

Trump Transition Team to Roll Back President Biden's EV, Emissions Policies

Trump plans to cut EV support, impose tariffs on battery materials

Incoming President Donald Trump's transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China, according to a document seen by Reuters.

The recommendations, which have not been previously reported, come as the U.S. electric-vehicle transition stalls and China's heavily subsidized EV industry continues to surge, in part because of its superior battery supply chain. On the campaign trail, Trump vowed to ease regulations on fossil-fuel cars and roll back what he called President Joe Biden's EV mandate.

The document also shows that the transition team also recommends imposing tariffs on all battery materials globally, a bid to boost U.S. production, and then negotiating individual exemptions with allies.

Please select this link to read the complete article from Reuters.