The Biden administration’s 2030 EV adoption goals could be derailed if Trump’s proposed auto tariffs take effect, warns a MIT Transportation & Environment Lab report. Key findings:
- $3,750 price hike on average EV (batteries face separate 50% tariffs)
- 67% of affordable EV models would become unprofitable to sell in U.S.
- Chinese EV makers like BYD could ironically benefit by dominating markets outside America
“The math is simple,” said researcher Dr. Amanda Gordon. “At $50,000+, EVs become a luxury item again—setting back decarbonization efforts a half-decade.”
Domino Effects:
- Battery plants in Michigan/Georgia may stall without scale
- Charging infrastructure investments could freeze
- China would extend its global EV lead as U.S. market stumbles