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Technology
Trump imposes sanity on a green EV market
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67% Informative
Electric Vehicle ( EV ) doom loop has been closing for several years .
Even before Donald Trump was reelected, manufacturers were having a very hard time convincing dealers to stock them.
Public chargers are few and far between and often don’t work. They tend to spontaneously combust and since they make their own oxygen when on fire, virtually impossible to extinguish. They’re bought almost exclusively by the top 7% of households in income.
The NEVI program was supposed to disburse federal cash for EV charging stations, but the cash ran out after a few years .
Federal regulations were also inflexible, demanding stations in remote areas few would ever use.
It will take congressional action, but Donald Trump has promised to remove all EV tax incentives.
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