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Trump Team Considers Canceling USPS EV Contracts with Oshkosh, Ford Amid Broader EV Policy Shift

Dec 6, 2024, 05:50 PM

President-elect Donald Trump's transition team is reportedly considering the cancellation of the United States Postal Service's (USPS) contracts with Oshkosh Corp. and Ford Motor Co. to supply electric vehicles (EVs) for its delivery fleet, as part of a broader suite of executive orders aimed at targeting electric vehicles, according to sources familiar with the plans cited by Reuters. The potential policy shift has already impacted the stock prices of the companies involved, with shares of Oshkosh and Ford experiencing declines.