As clarified by his campaign, Donald Trump has claimed that the demise of the US automobile industry would be a major consequence if he is defeated in the November 2024 presidential election. The claimed reason is that President Biden’s mandate to increase electric vehicles’ share of new car sales would result in EVs made by Chinese auto companies overwhelming the US market, destroying US auto manufacturers and killing many jobs. The truth is that a Trump victory would impede the industry’s evolution during a critical time in its history and would harm consumers.
Read Full Article »
