The ongoing election cycle has brought unprecedented political divisiveness into the EV sector, with differing policies from leading candidates creating a sense of uncertainty in the market.
Vice President Kamala Harris represents a continuity in EV policies with strong backing for the current administration's climate initiatives, potentially ensuring the growth of EV infrastructure.
Former President Donald Trump's vocal opposition to current EV mandates and incentives has led to fears among manufacturers regarding potential destabilization of EV growth in America.
The stakes are raised as major players in the EV industry have shown financial support for candidates, reflecting the industry's deep entrenchment in political outcomes.
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