President Donald Trump signs numerous executive orders, including pardons for defendants from the January 6th riots and a delay on the TikTok ban, on the first day of his presidency in the Oval Office of the White House in Washington, D.C., Jan. 20. UPI-Yonhap
U.S. President Donald Trump on Monday signed an executive order that called for considering the elimination of what he termed "unfair" subsidies for electric vehicles (EVs), as he moved to undo Biden-era policy legacies.
Trump inked the executive order, titled "Unleashing American Energy," which includes eliminating the "EV mandate" and promoting consumer choice, which he said is "essential for economic growth and innovation."
Under the order, he called for considering removing EV subsidies and other "ill-conceived government-imposed market distortions" that he claimed favor EVs over other technologies and effectively mandate their purchase by individuals and entities by rendering other types of vehicles unaffordable.
He appears to be referring to a tax credit given to EV buyers under the Inflation Reduction Act. (Yonhap)