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The Electric: Under Trump, a Possible Welcome Mat to China
The Information www.theinformation.com
Virtually no one expects Donald Trump—should he win election in November—to be able to fulfill his threat to repeal the Inflation Reduction Act and other programs supporting the U.S. electric vehicle and battery industries. But Trump’s history and recent statements suggest he might flip the script on the EV transition, slowing the Biden administration’s effort to jumpstart private U.S. production capacity, and opening the door to Chinese companies to make cars and batteries in the U.S.
act battery china donald trump election electric electric vehicle flip history industries inflation november script threat transition trump under vehicle