Trump Team’s 100-Day Plan Shows EV Policy Stripped of Rebates

December 18, 2024, 11:00 AM UTC

Advisers to President-elect Donald Trump are recommending a two-pronged approach to reshape the US auto industry: cut federal subsidies to boost electric-vehicle sales while still fostering a domestic supply chain to produce them.

Taken together, the suggestions highlight how Trump’s campaign promise to “terminate” EV mandates could manifest in policies that prioritize domestic carmakers and suppliers — but without taxpayer support for consumers.

The recommendations were outlined as potential policy changes for the incoming Trump administration’s first 100 days in office, according to people familiar with the matter and a document seen by Bloomberg News. Several initiatives dovetail ...

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