Policy & Regulations

Anticipated changes for the transport sector under the Trump Administration

As in his first term, President-elect Trump is expected to significantly deregulate the transport sector, slash government incentives for EVs, increase barriers for trade with China, emphasize domestic production of oil and gas, increase spending on domestic battery supply, reshape the EPA and revoke or deny waivers to California for setting its own emission standards. Some of these changes will be easily done, others may be protracted. There may be some unexpected moves. It is unlikely for anyone to know the true extent of changes to come and the timing. Still, here is a summary of the changes that are possible, with focus on light-, medium-, and heavy-duty vehicles. This is based on a review of a large number of articles published in the public domain in the past few days. While these are too many to reference, we provide a few articles for further reading at the end.

While this is a very high-level eye chart of the changes, this does not cover the anticipated impact on the respective sectors. Sign up below, we will continue to cover this space, more to come. 

Summary of (some) anticipated changes

Further Reading

Argus on Biofuels

S&P Global on automotive

Benchmark on future of IRA

KGP Powertrain on Commercial Vehicles (LinkedIn post)

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