Trump revokes Biden 50% EV target, freezes unspent charging funds

Biden's 50% target, which was not legally binding, had won the support of U.S. and foreign automakers. Trump said in an executive order he was halting distribution of unspent government funds for vehicle charging stations from a USD 5 billion fund, called for ending a waiver for states to adopt zero emission vehicle rules by 2035 and said his administration would consider ending EV tax credits.

Jan 21, 2025 - 13:17
 0  2
Trump revokes Biden 50% EV target, freezes unspent charging funds
Biden's 50% target, which was not legally binding, had won the support of U.S. and foreign automakers. Trump said in an executive order he was halting distribution of unspent government funds for vehicle charging stations from a USD 5 billion fund, called for ending a waiver for states to adopt zero emission vehicle rules by 2035 and said his administration would consider ending EV tax credits.