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Insideevs
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The Best Explanation Yet For Why America Is Giving Up On EVs
- The article discusses the impact of the Biden-era legislation on electric vehicles (EVs) and job creation in America.
- Despite incentives for EV manufacturing and batteries domestically, Trump and the GOP are scrapping EV-related provisions.
- This decision is influenced by climate change denial, oil and gas interests, and competition with China in clean energy technologies.
- The divide within the Republican Party is highlighted, with one side aiming to compete with China while the other prioritizes traditional energy sources like oil and gas.
- The Trump administration's focus on oil and gas over clean energy, like EVs, signals a shift in industrial policy.
- This approach disregards the potential demand for cleaner transportation and risks the future competitiveness of the American automotive industry.
- Lacking EV incentives may hinder existing investments, impede battery cost reduction, and challenge the development of a robust domestic supply chain.
- The outlook of relying heavily on fossil fuels contradicts global trends towards sustainability and technological advancements in renewable energy.
- While the oil and gas industry supports this direction, it imposes costs on the public and may not align with future energy shifts worldwide.
- The article ends with contact information for the author, inviting readers to share tips or engage in further discussions on the topic.
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