The effort to force British car customers to buy electric cars appears to be nearing an end, as billions of dollars in clean energy initiatives have been canceled since Donald Trump took office.  ,
Advertisement
” It’s hard at the moment to be a manufacturer in the U. S. given difficulties on tariffs, tax credits and laws”, said Tom Taylor, senior policy analyst at Atlas Public Policy. Atlas says that “more tasks were canceled in the first fourth of 2025 than in the previous two years combined”, according to the Washington Post.  ,
Almost$ 8 billion in EV-related projects have been canceled, including a$ 1.2 billion battery factory in Georgia and a$ 1 billion factory in Arizona that would have made thermal barriers for batteries.  ,
Great subsidies were being doled out to firms to build these companies. However, consumers aren’t buying Batteries at something near the levels that were projected during the Biden administration. Even with large incentives for new Vehicles, there was only a modest increase in new EV automobile sales.
Despite the publicity from the Biden administration, the plan to force car buyers to get energy was centered on the EPA’s harsh tailpipe emission standards that would have made gas-powered cars much more expensive.
Trump is going to withdraw the EPA tailpipe laws, slash funding for charging stations, and reduce subsidies for EV cars. Vehicle companies are going to have to develop their EVs to compete against gas-powered vehicles head-to-head without the government’s finger on the size.
Advertisement
Diana Furchtgott-Roth, director of the Center for Energy, Climate, and Environment at the Heritage Foundation, praised Trump’s proceed to roll up Electric requirements. Despite generous national opportunities, she said, many Americans were certainly buying electric cars.
” Costly, mandated EVs make poor people poorer and less safe”, Furchtgott-Roth said.
Taylor Rogers, the White House assistant press director, said in an email that the government’s approach may gain Americans.
” The President’s brilliant economic plan is an all-encompassing plan to revitalize our business by unleashing American power, implementing taxes to level the playing field, and bringing billions of dollars in historic opportunities to America’s production business”, Rogers said.
Even before Donald Trump took office, some battery and EV companies were pulling back, seeing consumer demand slacken. Battery maker KORE Power had been seeking an$ 850 million loan from the government to build a factory in Arizona. Instead, early last year, it decided to refurbish existing facilities.  ,
In addition, EV startups Nikola Motors and Canoo recently filed for bankruptcy. Nothing that Trump did contributed to those companies going under.
” The EV outlook was already looking pretty bearish before the election”, said Trevor Houser, a partner at Rhodium Group in energy and climate. ” Houser added”, Any downside in the outlook would naturally lead to some battery cancellations.”
Advertisement
If companies want to build EVs, they’re going to have to find the incentives to do it without reaching into the pockets of taxpayers. The same holds true for building charging stations. Biden’s 2022 plan to spend$ 7.5 billion to build 500, 000 electric charging stations resulted in less than a hundred being built by the end of 2024. A mountain of DEI red tape and states moving at a snail’s pace to decide where charging stations in their states should go made the boondoggle a laughing stock across the country.
Americans will be ready to buy EVs when they are competitive with gasoline-fueled cars in all ways, and not when the government dictates to them that they must buy electric.
Your favorite PJ Media writers are working hard to bring you the best opinions and news in the business. Support us by becoming a VIP Member! We’re giving you a 60 % discount on the regular VIP Membership with the promo code” FIGHT. ” Click here to join and receive your discount.