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GOP Push Weakens US EV Market: Bloomberg's Denning
GOP Push Weakens US EV Market: Bloomberg's Denning

Yahoo

time27-05-2025

  • Business
  • Yahoo

GOP Push Weakens US EV Market: Bloomberg's Denning

Sales of EVs, including plug-in hybrids, almost quintupled during the first three years of former President Joe Biden's administration, according to figures from New AutoMotive, a UK-based research firm. The House tax bill though is a maximalist assault on EV subsidies. Bloomberg Opinion Columnist Liam Denning believes that deeper challenges lie ahead for the EV industry. He speaks with Vonnie Quinn on "Bloomberg Markets."

GOP Push Weakens US EV Market: Bloomberg's Denning
GOP Push Weakens US EV Market: Bloomberg's Denning

Bloomberg

time27-05-2025

  • Business
  • Bloomberg

GOP Push Weakens US EV Market: Bloomberg's Denning

Sales of EVs, including plug-in hybrids, almost quintupled during the first three years of former President Joe Biden's administration, according to figures from New AutoMotive, a UK-based research firm. The House tax bill though is a maximalist assault on EV subsidies. Bloomberg Opinion Columnist Liam Denning believes that deeper challenges lie ahead for the EV industry. He speaks with Vonnie Quinn on "Bloomberg Markets." (Source: Bloomberg)

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