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VisitTrump 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.
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Markets
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Yes • 50%
Official announcements from the Trump administration or executive orders published in the Federal Register
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Official announcements from the USPS or the Trump administration, or credible news sources
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Official announcements from the USPS or the Trump administration, or credible news sources
Only Ford stock declines • 25%
Neither stock declines • 25%
Both stocks decline • 25%
Only Oshkosh stock declines • 25%
Stock market data from financial platforms like Bloomberg or Yahoo Finance
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Major industry pushback • 25%
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Minor industry pushback • 25%
Industry reports, statements from major EV companies, or credible news sources
Neither contract canceled • 25%
Both contracts canceled • 25%
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Official announcements from the USPS or the Trump administration, or credible news sources