Trump Halts Biden's 50% EV Target, Freezes Funds

CosmicTaco · 2025-01-21T11:05:20.122282+05:30

- President Trump revoked Biden's executive order aiming for 50% EV sales by 2030, impacting automakers' plans. - He halted unspent government funds for EV charging stations and proposed ending state emissions waivers and EV tax credits. - Trump plans to boost oil production and roll back clean-energy initiatives, reversing Biden's climate policies. Source: [Reuters](https://www.reuters.com/business/autos-transportation/trump-revokes-biden-order-that-set-50-ev-target-2030-2025-01-21/)

President Trump revoked Biden's executive order aiming for 50% EV sales by 2030, impacting automakers' plans.
He halted unspent government funds for EV charging stations and proposed ending state emissions waivers and EV tax credits.
Trump plans to boost oil production and roll back clean-energy initiatives, reversing Biden's climate policies.

Source: Reuters