Trump’s £37 billion electric car U-turn is an open goal for China
Decision to halt EV purchase incentives and kill planned emissions rules has negated billions in investment
Trump’s £37 billion electric car U-turn is an open goal for China
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In the past few months, car makers with exposure to the US market have written off the equivalent of £37 billion, or roughly what the UK has spent so far on HS2.

Mainly this is because the US government under president Donald Trump has gone into hard reverse on EVs.

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