"DETROIT — President Donald Trump’s tariff blitz has sent shock waves throughout every aspect of the global economy, including the auto sector, where multi-billion-dollar plans to electrify in the United States are especially at risk.
Here’s what consumers should know about the impact of tariffs on electric vehicles.
EVs accounted for about 8% of new car sales in the U.S. in 2024, according to Motorintelligence.com.
Some of those sales can be attributed to expanded tax credits for EV purchases, a Biden-era policy that spurred car buyer interest."
Alexa St. John reports for the Associated Press April 4, 2025.
Source: AP, 04/07/2025
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