Trump's war on EVs costs car makers £37 billion

Autocar · 2026-02-19
Trump's war on EVs costs car makers £37 billion

Decision to halt EV purchase incentives and kill planned emissions rules has negated billions in investment In the past few months, car makers with exposure to the US market have written off the equivalent of £37 billion, or roughly what the UK has spent so far on HS2. Mainly this is because the US