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'We've got to move forward' - Michigan electric vehicle industry responds to Trump policy changes

  • Michigan's electric vehicle industry is optimistic despite President Donald Trump's recent policy changes, indicating a shift from traditional auto manufacturing to electric vehicle investment.
  • Over $27 billion is being invested in about 60 electric vehicle manufacturing and battery projects in Michigan, surpassing Georgia's $26.6 billion investment.
  • President Trump signed an executive order to eliminate an electric vehicle mandate, which targets 50% of new vehicles sold in the U.S. By 2030 to be electric.
  • Trump's policies may affect consumer incentives, as he is likely to seek repeal of a $7,500 tax credit for new electric vehicle purchases.
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  • 57% of the sources are Center
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