Donald Trump signs executive order repealing Biden’s ‘electric vehicles’

New president says he wants to “promote real consumer choice in new cars”

United States 47^th U.S. President Donald J. Trump wasted no time in asserting his power over the auto industry, signing an executive order rescinding Joe Biden’s electric vehicle “mandate” shortly after taking office. . While no such authority exists, Trump would repeal multiple policies supporting electric vehicles and withdraw funding from electric vehicle charging networks.

One of the key orders signed by Trump on Monday was to rescind the Biden administration’s plan to have 50% of all new cars sold in the United States be electric by 2030. While this is just a target and not legally binding, many automakers have already backed away from their targets. The support behind it.

READ: Trump administration promises ‘consumer choice in vehicles’

The new president is widely expected to eliminate the $7,500 federal electric vehicle tax credit as part of his war on electric vehicle “orders,” although his executive order doesn’t specify this. What it does say is that he is “considering eliminating unfair subsidies and other ill-conceived government-imposed market distortions that favor electric vehicles over other technologies and effectively forcing individual, private Businesses and government entities purchase electric vehicles that are unaffordable. “

Trump’s executive order also aims to “promote real consumer choice,” claiming it is “critical to economic growth and innovation.” He also wants to end “state emissions exemptions designed to limit sales of gasoline-powered cars.”

Scraping of fee funds

The new administration will also eliminate federal funding for electric vehicle chargers. In 2021, Biden allocated $7.5 billion to build a national network of electric vehicle charging piles, hoping to build as many as 500,000 by 2030. Trump’s executive order said “all agencies should immediately suspend funding” through the nation’s chargers. The Electric Vehicle Infrastructure Formula Scheme and the Charging and Refueling Infrastructure Discretionary Grant Scheme. “

Additionally, processes, policies and programs for awarding grants, loans and contracts will be reviewed.

The Trump administration may also relax emissions standards. He has ordered an immediate review of the development of domestic energy resources, which, according to Trump, limits “consumers’ choice of vehicles.” More details are still to come, but reports suggest the new administration wants to lower fuel economy and emissions standards to 2019 levels. This increases emissions per vehicle mile by approximately 25% over current 2025 limits.