"The Trump administration, as expected, reversed a whole suite of federal policies that promoted or encouraged EVs. California's ability to require the sale of EVs: gone. Federal rules about emissions and fuel economy being rewritten. Federal penalties for car companies that sell too many gas guzzlers: zeroed out. The $7,500 federal tax credit? Kaput. Meanwhile, automakers delayed or canceled a host"
"Sales spiked in August and September, during the last weeks that the federal tax credit was available, as buyers rushed to take advantage of the expiring opportunity. Cox estimated EVs hit an all-time high of 11.6% of the new vehicle market in September. Then sales crashed by 50% in October. But here's a twist. "Among U.S. shoppers who are in [the] market for new vehicles,"
Federal policy changes removed major EV supports: state authority in California to require EV sales was curtailed, federal emissions and fuel-economy rules were rewritten, penalties for high-emission vehicles were eliminated, and the $7,500 federal tax credit ended. Multiple automakers delayed or canceled unprofitable EV models, including the Ram 1500 REV, the Ford Lightning (shifted to extended-range models), the Volkswagen Buzz (withdrawn from the U.S.), and GM's Brightdrop van. Sales surged to an estimated 11.6% market share in September as buyers rushed to use the expiring tax credit, then fell about 50% in October. J.D. Power surveys find roughly 25% of new-car shoppers remain very interested in EVs, and overall shopper interest has held fairly consistent despite market and policy disruptions.
Read at www.npr.org
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