EV Prospects in the US Remain Positive Despite Trump’s Policies
The electric vehicle (EV) industry in the United States is facing a period of uncertainty, but experts believe the long-term outlook remains strong. President Trump’s recent policies have pulled back federal support for EVs, raising concerns about adoption rates and infrastructure growth. Still, industry investments and global demand are expected to keep the momentum going. One of the biggest shifts came with Trump’s “One Big Beautiful Bill,” which ended the $7,500 tax credit for new EVs and the $4,000 credit for used models on September 30, seven years earlier than planned. EV battery production tax credits will also be cut…
