The electric revolution that’s swept the car business in recent years isn’t going away — no matter who wins the White House, industry officials say.
But former President Donald Trump could slow it down if he beats Vice President Kamala Harris and uses a second term to undercut the support the Biden administration has steered to the electric vehicle sector.
“The last three years have been transformational in a lot of ways,” said Albert Gore, executive director at the Zero Emission Transportation Association, which represents EV-makers.
During the Biden administration, automakers invested billions of dollars to build new battery plants and retool their factories for electric vehicles — a shift that’s due in part to provisions that were included in the 2022 Inflation Reduction Act.