Trump is taking aim at electric vehicles. He may not have the power to change things all that much
President Donald Trump took aim at federal and state support for electric vehicles on his first day in office. But it’s not clear he has the power he’s claimed on the topic.
Trump’s war on electric cars has only just begun
Just to start out: the federal EV tax credit is still alive and kicking. It was not eliminated by the stroke of Donald Trump’s pen because it can’t be. The tax credit — $7,500 for a new EV, $4,500 for a used one — was passed by Congress as part of the Inflation Reduction Act (IRA), and it would take another act of Congress to do away with it.
What the second Trump administration means for electric vehicles
Among the flurry of executive orders signed by President Trump on his return to office was one called Unleashing American Energy. Much of the order focuses on scaling back green energy and renewing the focus on fossil fuels.
Trump's executive orders might threaten growth of electric vehicles and wind power
Two of President Trump’s executive orders take aim at Biden administration efforts to boost electric vehicles and wind power — two fast-growing climate technologies.
How Trump's executive order will impact electric vehicle market
President Trump's executive order on electric vehicles could end subsidies and programs that promoted that aspect of the car market. Joann Muller, a transportation correspondent at Axios, joins CBS News with more.
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