Charging Installations Drop as Trump Ramps Up Attacks on EVs
The prospect of House Republicans’ cuts to electric vehicle subsidies threatens to further dim the outlook.
An EV charger in the process of being assembled.
Photographer: Graham Hughes/BloombergInstallation of high-speed chargers across the US fell by more than 21% in the first quarter compared to the year-earlier period, according to an analysis of Energy Department data.
And with House Republicans proposing ending Inflation Reduction Act tax credits for buyers while the Trump administration rolls back auto emissions standards, it threatens to create a negative feedback loop of fewer charger installations and lower EV adoption. Such an outcome risks setting the sector back to trying to rev up EV sales with middling installation growth rather than rapid expansion that would give buyers the confidence they’d be able to find electrons.