Trump is also 'considering the elimination' of the $7,500 EV tax credit, though that one is more difficult to unravel since it's part of the Inflation Reduction Act and runs through 2032.

President Donald Trump pledged to revoke the so-called electric vehicle mandate, and an executive order on day one of his second presidential term signals his intent to undo much of his predecessor's legacy when it comes to electric vehicle promotion.

President Donald Trump on Monday revoked a 2021 executive order signed by his predecessor Joe Biden that sought to ensure half of all new vehicles sold in 2030 were electric. The 50% target, which was not legally binding,