Trump vows to end EV mandate - Latest News - World Business Watch - video Dailymotion

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00:00Donald Trump's recent declaration to end the electric vehicle mandate if he wins a presidential

00:05election in November 2024 signals a potential major policy shift. Referring to eco-friendly

00:10initiatives as green scam ideas, Trump criticized the mandate, which aims for two-thirds of

00:16all new cars and trucks sold in the U.S. to be electric-powered within eight years.

00:21From a political standpoint, this stance underscores a sharp contrast with the current administration's

00:26goals and could resonate strongly with Trump's base.

00:31Voters skeptical of rapid environmental policy changes and those concerned about the economic

00:36impact on traditional industries may find his message appealing. This rhetoric may particularly

00:42resonate with workers in the fossil fuel and traditional automotive sectors who fear job

00:47losses due to the EV mandate.

00:49For consumers, eliminating the mandate could mean fewer incentives to purchase electric

00:53cars, potentially slowing the adoption of cleaner vehicles. This move might appeal to

00:58those who prefer traditional gasoline-powered vehicles and are wary of the costs associated

01:04with EVs.

01:05However, it could also impede progress in the fight against climate change. The automobile

01:10sector could face significant shifts. Traditional automakers might scale back their EV investments,

01:16affecting innovation and potentially leading to a competitive disadvantage internationally.

01:22On the other hand, companies like Tesla, which dominate the EV market, might navigate

01:26these changes differently. Despite the broader negative impact on the EV industry, Trump's

01:31proposed tariffs on Chinese EVs could benefit Tesla by reducing competition from lower-priced

01:37Chinese models.

01:40Trump's statements highlight a potential pivot in U.S. environmental and economic policies,

01:45the ongoing political debate over climate change and industrial strategy.