President Trump revoked the Biden administration’s electric vehicle (EV) executive order and halted the distribution of government funds for vehicle charging stations on his first day in

President Donald Trump names just two programs in his executive order to halt Green New Deal funding — and both focus on electric vehicle charging. The name check is casting a fog of uncertainty over the many companies, states and localities counting on $7.5 billion in federal funds to help build out their EV charging networks.

Trump indicated he is likely to seek to repeal a $7,500 tax credit for new EV purchases approved by Congress as part of Biden's landmark 2022 climate law.

Automakers and even some Republicans may fight to preserve funds, and environmental activists will likely sue, but some experts said that some changes may not survive legal challenges.

President Donald Trump ordered his administration to consider eliminating subsidies and other policies that favor electric vehicles, laying the groundwork for moves that risk slowing adoption of cleaner cars in the US.

President Trump is walking back Biden's electric vehicle policies by cutting tailpipe emission standards and pulling funding for EV charging.

Tesla stock jumped on the first trading day since the inauguration of now-president Donald Trump. Shares climbed despite Trump signing an executive order Monday aimed at reversing the prior administration’s electric vehicle policies.

U.S. President Donald Trump on Monday signed an executive order that called for considering the elimination of what he termed "unfair" subsidies for electric vehicles (EVs), as he moved to undo Biden-era policy legacies.