Smog alert! Trump’s Win Threatens to Slash EV Subsidies and hike emissions

Doug McIntyre discusses potential challenges facing the U.S. electric vehicle market as the Trump administration takes office. EV sales have already plateaued, with companies like Ford struggling and Tesla seeing slower growth, leading automakers to worry that they may need heavy discounts to sustain sales. Under the Trump administration, two major threats loom: the likely elimination of the $7,500 EV subsidy and possible relaxation of stringent 2030 emissions standards.