The Trump team's plan to overturn Biden's policies presents significant changes for the USA's Autos Industry.
The Trump transition team suggested comprehensive reforms to cut support for electric Autos and charging stations.
Report: Trump's transition team will revoke Biden's electric vehicle and emissions policies.
According to Reuters, the transition team's plan includes eliminating the Consumer tax credit for Electric Autos purchases, imposing tariffs on all Battery materials globally, and withdrawing Biden's support for Electric Autos and charging infrastructure.
Express News | Workhorse Group Inc: Files for Offering of $3.5 Mln Principal Amount of Senior Secured Convertible Notes Due 2025 - SEC Filing
Trump Transition Team Proposes EV Policy Rollback
Express News | Trump's transition team proposes major rollbacks of Biden's EV and emissions policies, aiming to cut support for electric vehicles and impose global tariffs on battery materials, according to Reuters.
Global EVs & Hybrids Sales Rose 32% YoY In November Partially Due To Sustainability Concern
JesseGio1989 : Is this good news?
Stock_Drift OP JesseGio1989 : That’s up to your judgement.