President-elect Donald Trump’s second administration will likely see battery electric vehicle prices rise across the majority of the U.S. automotive market, sparing only Tesla thanks to its position in the market. Elon Musk’s decision to endorse his sophomore presidential bid was controversial; the former President has repeatedly criticized the Biden administration’s efforts to electrify the country’s transport sector and promised to get rid of the federal EV subsidies if elected.
Even though Trump toned down his anti-electric vehicle rhetoric after…
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