“Within 3 years, all of these cars will be made in China,” he wrote on social media at the time.
That last jab now reads as more of a promise than a prediction.Since returning to office, Trump and congressional Republicans have upended the landscape for electric vehicle development in America, yanking the $7,500 tax incentives that helped entice car buyers, freezing funding for charging infrastructure development and eliminating fuel-efficiency targets for automakers.
The result: The US is retreating on EVs just as China, its No. 1 economic rival, is going full steam ahead, cementing its dominance over not only global EV sales but also the supply chains for batteries and critical rare-earth minerals used in their production.