Trump ends the EV mandate. Here’s what that means for the auto industry - The Washington Post

Several factors make a reversal in the EV transition unlikely. U.S. auto manufacturers have sunk billions of dollars into long-term EV production. Plus, the U.S. auto industry faces enormous pressures to compete with foreign EV manufacturers, such as those in China that have forged ahead with EV production.

"Presidential cycles are four years. These [factories] are 20- to 30-year investments. When you build a factory, it doesn't come and go," said Prasad, adding that Trump's executive order could result in shorter-term changes such as whether automakers introduce "hybrids or plug-in hybrid electric vehicles or range-extender EVs."

https://www.washingtonpost.com/business/2025/01/22/trump-ev-cars-mandate/