PremiumGoldman Trading Desk Views "Trump As Bearish For US EV Market"
President Donald Trump's Inauguration Day executive order, "Unleashing American Energy," effectively dismantles the Biden-Harris administration's mandate that 50% of all new passenger cars and light trucks sold by 2030 be zero-emission vehicles. The fate of the $7,500 EV tax credit for buyers remains unclear, but it is widely expected to be eliminated.