24Business

Trump reverses Biden order setting 50% EV target by 2030 Reuters


WASHINGTON (Reuters) – President Donald Trump on Monday rescinded a 2021 executive order signed by his predecessor Joe Biden that sought to ensure that half of all new vehicles sold in 2030 would be electric.

The 50% target, which was not legally binding, received support from American and foreign automakers. Trump also plans to direct agencies to review rules mandating tougher emissions rules that would require automakers to sell between 30% and 56% electric vehicles by 2032 to comply.





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