Market
Major US Automaker to Announce 50% EV Sales Plan by 2030 by End of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official press releases or announcements from major US automakers
Story
Trump Revokes Biden's 50% Electric Vehicle Sales Target on First Day in Office
Jan 21, 2025, 01:34 AM
On his first day in office, President Donald Trump revoked an executive order issued by Joe Biden in 2021 that aimed to ensure 50% of new vehicle sales in the United States by 2030 were electric vehicles. This order, which was not legally binding, had garnered support from both U.S. and foreign automakers. Trump's administration plans to reconsider more stringent emissions norms that would have required automakers to sell between 30% to 56% electric vehicles by 2032 to comply with federal emissions rules.
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