The Thinking Conservative News
“Every Manufacturer, from General Motors to Ford to Stellantis, has called me wanting to build here, and now they can!” Trump wrote.
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"The president said the new standards would strip regulatory waste from the cost of building cars in the United States.
"President Donald Trump announced Saturday he had approved new federal fuel economy standards, which would end a mandate that had pushed an increasing percentage of the American vehicle fleet to be electric.
In the Truth Social post, he also criticized President Joe Biden, then-Transportation Secretary Pete Buttigieg, and the Democratic Party, which polls currently predict will do well in the midterm elections in November.
The Department of Transportation did not elaborate on the standards mentioned in the president’s post, though Transportation Secretary Sean Duffy said in a post on X that a “major victory for America’s auto workers is COMING MONDAY.”
EVs and Manufacturing
"The Biden administration did not adopt an explicit EV mandate. Instead, it adopted new emissions standards that required a large portion of the American fleet to be electric.
"American electric vehicle (EV) automaker Tesla was and remains quite profitable, with a current market cap north of $1.4 trillion.
"However, Detroit’s three major automakers—Ford, GM, and Stellantis—expanded their EV lines to meet the Biden-era standard and incurred heavy losses. They have had write-downs of about $50 billion so far.
"As for EV charging stations, the National Electric Vehicle Infrastructure (NEVI) program was enacted by Congress in 2021 as part of the Infrastructure Investment and Jobs Act. The program made $7.5 billion available to build thousands of electric charging stations, aiming to install over 30,000 charging ports across the country.
"A June 2026 Congressional Research Service report found results in the hundreds, not the thousands, with “183 NEVI-funded charging stations hav[ing] opened across 20 states.”
"Trump also said that the new standards would strip regulatory waste from the cost of building cars in the United States. This would mean “LOWER PRICES, saving families thousands on a new, beautiful, and safe car,” as well as increased domestic car manufacturing, Trump said.
"“Every Manufacturer, from General Motors to Ford to Stellantis, has called me wanting to build here, and now they can!” Trump wrote." . . .More.
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