Ford and GM Scale Down Electric Vehicle Investments Amid Policy Shifts

The automakers refocus on gas-powered vehicles amid weak demand for EVs and an end to tax credits.
Ford and GM Scale Down Electric Vehicle Investments Amid Policy Shifts
A Ford F-150 pickup on the assembly line at a plant in Dearborn, Mich., on April 11, 2024. Rebecca Cook/Reuters
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In the face of stubbornly weak sales and a sweeping reversal in federal policies, major American automakers Ford and GM are changing their plans for electric vehicles.

In 2025, President Donald Trump and his administration fulfilled a campaign promise to roll back what he identified as an electric vehicle mandate imposed by his predecessor, President Joe Biden. Most significantly, Trump signed the One Big Beautiful Bill Act in July, which will end a significant tax credit program designed to get Americans into electric vehicles.

Austin Alonzo
Austin Alonzo
Reporter
Austin Alonzo covers U.S. political and national news for The Epoch Times. He has covered local, business and agricultural news in Kansas City, Missouri, since 2012. He is a graduate of the University of Missouri. You can reach Austin via email at [email protected]
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