Trump Voices Opposition to EVs, Citing Range, Cost, Foreign Production; Pledges Policy Reversals if Re-Elected
• Trump says EVs don't go far, cost too much, and will be made in China; promises to reverse Biden's EV policies if re-elected
• Trump criticizes EV charging infrastructure and distribution issues
• Automakers echo infrastructure concerns and warn of slumping EV demand into 2024
• Automakers hedge bets with more hybrids and multi-energy platforms to accommodate gas or electric
• Trump remains friendly with Musk but opposes EV transformation overall