Everyone wonders why buying a vehicle has become so expensive:
.@POTUS on actions he has taken to make buying a car more affordable: ending Biden's Green New Deal, stopping Biden's tailpipe emission standards, and revoking Biden's emissions waiver for California.
— Rapid Response 47 (@RapidResponse47) December 3, 2025
Today, he announced a reset of the unfair Biden fuel economy standards. pic.twitter.com/8WVjVxx9eI
Thank goodness Trump is halting this EV madness. The American people want to left alone and have been resisting something being crammed down their throat.
EVs made up less than 8% of new auto sales last year, and more than half were Teslas. They accounted for less than 4% of General Motors and Ford sales. Foreign luxury auto makers such as BMW (12.5%), Mercedes (11.4%) and Porsche (10%) would have had an easier time meeting the Biden mandates because their affluent customers could easily afford EVs.
The average price of a new EV is roughly $50,000, and only two cost less than $40,000 as of December: the Chevy Bolt and Nissan Leaf. Some makers have slashed EV prices to boost sales, but they are also losing money. Ford ran an operating loss of $4.7 billion on its EV business in 2023, equivalent to $64,731 per EV sold.
The companies are heavily subsidizing EVs with profits from gas-powered cars. This means middle-class Americans in Fargo are paying more for gas-powered cars so the affluent in Napa Valley can buy cheaper EVs. This cost-shift would not be sustainable.
Just say no to EVs….
I agree, Fred. Trump has certainly antagonized Elon Musk with these kinds of moves because Musk has Tesla. But it is the right thing to do.
Interestingly, Toyota has made a major move to hybrids instead of full EV’s. That impacts the regional Toyota megasite because I believe they will be making those hybrid batteries. (It was initially conceived EV batteries would be made there).
I hope Trump also removes the “kill switch” requirement that would enable remote parties (like the government) to shut down operation of a vehicle.