What’s Next for the EV Industry Under a Trump Presidential Administration?

What’s Next for the EV Industry Under a Trump Presidential Administration?

With President-elect Donald Trump’s new administration preparing for office, a lot of questions are swirling around—especially for those of us invested in electric vehicles (EVs). What’s going to happen with tax credits? Will the government keep pushing for more charging stations? Are EVs about to get more expensive? Let’s break it all down!

What Could Change for EV Owners and Buyers?

The government has a lot of say in how the EV industry grows. With the new administration, here’s what might be on the horizon:

  1. Possible Changes to EV Tax Credits: Right now, when you buy an EV, you can qualify for a federal tax credit of up to $7,500. But there’s talk about scaling this back or even eliminating it. If that happens, buying an EV might feel less financially appealing for some. But don’t worry—it’s not all doom and gloom. States like California and Oregon often have additional incentives, so you’ll still have options to save.

  2. Potential Import Tariffs on EVs: New policies could make imported EVs more expensive. The government is considering tariffs to boost American manufacturing, which is great for jobs here but might bump up the cost of some vehicles. The upside? This could spark innovation and investment in homegrown EV brands.

What About Charging Infrastructure?

For companies like ours, changes in EV policy can be game-changers. But here’s the good news: EV infrastructure growth is still a priority.

  • More Homegrown Solutions
    With a push for more "Made in the USA" initiatives, there’s likely to be a growing emphasis on domestic EV infrastructure. That means charging stations built for and by Americans—helping the industry grow and keeping it sustainable.

  • Switching to New Standards
    Ever heard of the North American Charging Standard (NACS)? Tesla pioneered it, and now big automakers like Ford and GM are jumping on board. As more vehicles adopt this, it’ll shape the way future charging stations are designed. Here at Charli Charging we’re already preparing to make sure our stations continue to work seamlessly with these updates.

What Does This Mean for EV Drivers?

Here’s what’s likely to affect you directly:

  • Vehicle Prices Could Shift
    If tax credits or tariffs change, EV prices could rise. But don’t panic—there’s still growing support for affordable EVs, especially as more manufacturers enter the market.

  • Charging Accessibility Will Keep Expanding
    One thing’s for sure: charging stations aren’t going anywhere. In fact, they’re multiplying! Here at Charli Charging, we’re working hard to make sure EV drivers have convenient and reliable places to power up—whether it’s at home, work, or on a road trip.

So, What’s the Bottom Line?

While there’s still some uncertainty, one thing is clear: the EV industry is here to stay, and it’s evolving fast. We’re keeping a close eye on all these changes so we can keep delivering the best charging solutions to our communities.

Together, we’re on a mission of powering the future—one charge at a time.

Previous
Previous

How Charli Charging and Local Nonprofits Are Driving Sustainability and Community Impact

Next
Next

Workplace EV Charging Etiquette: 6 Ways to Keeping Everyone Charged and Happy