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Reuters: How Trump’s war on EVs derailed America’s auto-factory revival
Auto executives say the lost $7,500 tax credit and weaker emissions rules cut EV demand, while canceled projects promised about 27,000 jobs.
President Donald Trump and congressional Republicans ended the $7,500 federal EV tax credit, triggering a sharp decline in U.S. electric-vehicle sales and forcing major battery plants like Ultium Cells in Lordstown to halt production.
Atlas Public Policy data show nearly $20 billion in projects were canceled last year, as the industry contracted following a massive 2019–2024 investment wave when manufacturers had pledged $55 billion at peak in 2023.
Ford is switching its unopened Tennessee assembly plant from EV pickups to gas-powered models, while Stellantis head of American brands Tim Kuniskis said new "muscle trucks" would have been impossible "without the government's policy changes."
Federal data show U.S. auto-manufacturing jobs shrank 1.3% to about 963,000 since January 2025; a September 2025 raid on a Georgia battery factory co-owned by Hyundai and LG Energy Solution resulted in 475 arrests.
White House spokesman Kush Desai faulted the previous administration for fueling "artificial demand" with subsidies, asserting the current administration is "slashing red tape" to encourage broad manufacturing investments across all powertrains.