Reported about 14 hours ago
Trump's potential policy changes, including the elimination of the electric vehicle tax credit and new tariffs on imports, are adding uncertainty to an auto industry still recovering from pandemic disruptions. Major automakers like GM and Ford have already scaled back their EV plans due to fluctuating demand, and concerns are growing that Trump's actions could hinder the industry's transition to electric vehicles and disrupt supply chains, especially with threats to impose tariffs on critical trading partners.
Source: YAHOO