The push by the outgoing Biden administration to convince Americans to buy more battery electric vehicles is likely to slow down to barely a budge when Donald Trump returns to the White House in January.
One example Christ gave of how an automaker’s plans can’t turn on a dime when there’s a new resident of the White House is a $14 billionElon Musk Says He’s A Global Top 20 ‘Diablo 4’ Player, And It’s Actually True Indeed, Christ pointed out that for Toyota the vehicle cycle is usually five to six years and its powertrains have lives of 10 to 12 years.
Trump has said he wants to slap a 10% tariff on all imported items but 60% on goods imported from China.
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