Shift Key with Robinson Meyer and Jesse Jenkins How Trump Could Dent EVs in America
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Nov 27, 2024 Corey Cantor, a Senior EV analyst at BloombergNEF, dives into the intricate dynamics of electric vehicles in the U.S. He discusses the recent surge in EV sales, spotlighting GM's advancements while contrasting it with Ford's delays. The conversation shifts to potential repercussions of Trump's policies on EV tax credits and adoption rates. Cantor highlights international collaboration affecting the U.S. market and examines the pivotal role of state incentives amid evolving competition, especially from China.
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Trump's Climate Policy
- Trump's cabinet selections offer insights into his climate policy.
- Chris Wright's appointment to the Department of Energy signals a potential shift.
Department of Energy's Role
- The Department of Energy's main focus is nuclear security and next-generation energy technologies.
- It has limited influence on promoting fossil fuel extraction.
OMB Pick's Impact
- Russ Vought's appointment to the Office of Management and Budget raises concerns.
- His past actions and statements suggest a potential rollback of climate policies.