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Trump revokes Biden 50% EV target, freezes unspent charging funds

  • President Donald Trump signed an executive order to eliminate what he calls the electric vehicle mandate imposed under former President Joe Biden.
  • Trump's order freezes funding for EV charging stations and targets the repeal of a $7,500 tax credit for new EV purchases.
  • The order could hinder efforts to meet emissions reduction goals and face legal challenges from environmental groups.
  • Trump's actions may slow the growth of the EV market and put the U.S. Auto industry at a disadvantage compared to foreign competitors.
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  • 46% of the sources are Center
46% Center
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