EVs Died? 💥 China Rises - 2025 ⚡
World News
Trump Prioritizes Gas-Powered Cars Amidst Global EV Surge
Donald Trump is shifting U.S. automotive policy, prioritizing gasoline-powered vehicles over electric vehicles despite growing global demand for EVs. This decision follows arguments that “absurd tailpipe emissions standards” were “killing” the automobile industry, with the President citing fuel efficiency regulations as a significant contributor to vehicle costs. Industry experts contend that EV incentives have driven increased investment in electric cars and charging infrastructure, alongside the creation of new jobs.
Rollback of EV Incentives Signals a Clear Divide
The Trump administration has taken concrete steps to dismantle previously established EV incentives. This includes revoking a Biden executive order specifying that 50% of cars sold in the U.S. by 2030 should be electric, freezing billions in funding for charging infrastructure development, and eliminating a $7,500 (€6,444) tax credit for EV purchases. These actions directly contradict the Biden administration’s initiatives to encourage the adoption of low-emission, climate-friendly vehicles.
Global EV Market Surges, China Leads the Way
Despite the U.S. administration’s stance, the global electric vehicle market is experiencing a massive surge. In 2024, approximately 20% of all cars sold worldwide were electric, a substantial 25% increase from 2023. China led the way, accounting for 11 million of the 17 million EVs sold globally, while nearly half of China’s domestic car sales were electric.
Battery Recycling Offers a Sustainable Solution
Concerns regarding the environmental impact of EV batteries are being addressed through advancements in battery recycling technology. Experts emphasize the potential of recycling lithium, nickel, and cobalt from batteries. Ellen Kennedy, a clean transportation expert at the Rocky Mountain Institute, noted that “robust battery recycling can significantly reduce the need for newly mined materials” and that “more than 90% of lithium and 95% of nickel and cobalt can be recycled from batteries.”