"The federal EV tax credits came to an end, and though they helped to juice zero-emission car sales for months, a big slowdown is anticipated next. On top of that, the Trump administration is using the government shutdown to cancel billions of dollars in clean energy investments—the very projects needed to ensure EVs can one day reach their full potential by running on a grid powered by renewable energy rather than fossil fuels."
"Under the Bipartisan Infrastructure Law, the program allocated $5 billion in funding for DC fast chargers for states to dole out in the form of grant money. As part of its anti-green energy and cost-cutting push, the Trump administration sought to cancel that funding, but a federal court overruled that move in July. Since then, Politico reports, more than 40 states are in the process of unlocking their NEVI funding—and red states like Texas and Montana lead the way."
Federal EV tax credits expired last week, likely causing a slowdown in zero-emission car sales. The Trump administration has used the government shutdown to cancel billions in clean energy investments needed to decarbonize the grid and maximize EV benefits. NEVI funding for DC fast chargers survived cancellation after a federal court decision, and more than 40 states are moving to unlock grants, with red states leading deployment. The Department of Transportation is offering greater siting flexibility, accelerating charger rollouts. Additional items note potential capital investment into struggling Stellantis U.S. brands and burnout issues across Elon Musk's companies.
Read at insideevs.com
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