Trump’s EV Stance Shift: More Rhetoric Than Reality

Donald Trump’s recent softening of his stance on electric vehicles (EVs) has raised eyebrows in the industry, but experts remain skeptical about any significant policy changes. According to a recent report from Politico, Trump’s newfound appreciation for EVs seems more tied to Elon Musk‘s endorsement than a genuine policy shift.

From “Lunacy” to “A Very Small Slice”

Trump’s rhetoric on EVs has undergone a notable change. After previously denouncing Biden’s EV policies as “lunacy” and telling EV supporters to “ROT IN HELL,” Trump recently told a rally in Atlanta that he’s for “a very small slice” of cars being electric. This shift came shortly after receiving Elon Musk’s endorsement.

In a conversation with Musk on X (formerly Twitter), Trump praised Tesla, saying, “That doesn’t mean everybody should have an electric car, but these are minor details, but your product is incredible.”

Industry Skepticism

Despite the apparent change in tone, EV industry experts remain doubtful that Trump’s relationship with Musk would significantly alter his stance on Biden’s EV policies. Nick Nigro, founder of Atlas Public Policy, stated:

“[Trump is] going to take a step back from making EVs a ‘punching bag.’ But that doesn’t mean that he’s going to become a staunch advocate of EVs in the near term.”

Policy Implications

If elected, Trump is still expected to target key Biden administration initiatives:

1. The $7,500 federal consumer tax credit for EVs
2. EPA’s strict tailpipe emissions standards
3. Biden’s goal of 50% EV sales by 2030

However, some GOP-friendly manufacturing incentives might survive, given their economic benefits to Republican-represented areas.

Historical Context

This isn’t Trump’s first positive nod to EVs during a campaign. In 2020, he hosted Lordstown Motors at the White House and claimed to be “all for electric cars” during a debate with Biden.

EVXL’s Take

Trump’s evolving stance on EVs reflects the growing importance of electric vehicles in the automotive landscape. As we’ve seen in our Tesla coverage, the EV market is rapidly evolving, and political rhetoric is struggling to keep pace. While Trump’s words may be softening, his potential policies could still pose significant challenges to the EV industry’s growth. As the 2024 election approaches, it will be crucial for EV advocates to push for clear, consistent policies that support the transition to electric mobility, regardless of political affiliations.

Photo courtesy of Politico.