Plus, Kia is working to make its dealerships much nicer, while car dealers vow to fight the direct sales model.

He was referring to dispute Trump’s executive order – one of a slew he has signed since taking office on Monday – that calls for the elimination of the “electric vehicle mandate.” Fanjoy and some market watchers feel government and industry investments in EV technology have moved too far along for Trump's order to have much influence on reining in sales over the long term.

President Trump's import tariffs, and moves to dampen electric vehicle sales and production has the auto industry in a state of uncertainty.

Rivian CEO RJ Scaringe told BI it's good that someone like Elon Musk, who understands EVs, is close to President Donald Trump.

Policy experts say the implications of Donald Trump’s executive order for EV owners—and the EV-curious—won’t be clear for a while.

Gabe Klein spent two years atop the first-of-its-kind office, helping allocate billions of federal EV dollars that President Donald Trump wants to claw

Washington, D.C., January 21, 2025 President Donald Trump has once again announced that the United States will withdraw from the Paris Climate Agreement, marking a contentious start to his second term in office.

Trump indicated he is likely to seek to repeal a $7,500 tax credit for new EV purchases approved by Congress as part of Biden's landmark 2022 climate law.

Rivian CEO RJ Scaringe told Business Insider that Biden-era EV incentives were a "tailwind" but that the business would be fine without them.

U.S. President Donald Trump on Monday took aim at electric vehicles, revoking a 2021 executive order signed by his predecessor Joe Biden that sought to ensure half of all new vehicles sold in the United States by 2030 were electric.

Tesla investors will look for more details on the automaker's lower-priced model when it reports quarterly results on Wednesday as some expect the cheaper car to help the company hit its goal to increase deliveries by up to 30% this year.

U.S. President Donald Trump put the future of the EV tax credit and charging station funding in question with his Unleashing American Energy executive order.