Catchphrases like "drill, baby, drill" and the "green new scam" may sound great to the fossil fuel industry and President Trump's anti-EV supporters, but the EV revolution is already too far down the road to get reversed. Hundreds of billions of dollars in federal funds have been allocated to automakers, battery makers and charging companies under the Inflation Reduction Act. Those provisions are baked into the law and undoing them would take more than a simple executive order—it'd require Congress to play along, a tall order even for Trump. And he's already facing a pushback. The auto industry's largest trade group, usually conservative on EVs, is reportedly advocating for the continuation of consumer incentives. Even House Speaker Mike Johnson, no fan of the IRA, admitted last fall that some of the IRA's provisions are beneficial to the U.S. economy. EVs may face some roadblocks under Trump, but on a broader level, it's pretty clear: This train has left the station. —Suvrat Kothari, Staff Writer |