Inflation Reduction Act

Long planning times and increasing competition internationally mean U.S. carmakers will continue to develop electric cars, despite funding cuts from the Trump administration, experts say. (Photo by Terrence McDonald/New Jersey Monitor)

Electric vehicle industry will persist, experts say, despite Trump funding cuts

BY: - March 17, 2025

Despite hostility from the new Trump administration, electric vehicles will eventually become a major part of the nation’s vehicle fleet, experts and researchers say. “There’s not an automaker out there that I have spoken with, or a supplier out there, who said that electrification in some form or fashion isn’t going to be part of […]