I believe its only the Mandate, but the mandate is tied in with the credit so who knows.If its just the EV Mandate of 2030 then fine. If Tax Credit takes a hit too then that 60K is looking less appealing.
Not really mostly everything you said is wrong.There is no mandate. There is a set of executive orders that collectively seek the goal of half of all new cars sold in 2039 should be EV’s. Trump can cancel that with an executive order, but he can’t cancel most of the other EV related regulations because they are law. That will take a review period and new legislation. BTW, the world is in an oil oversupply situation and US energy producers are producing at record capacity—and he’s basically just making all this stuff up as usual.
They say Legacy Motors are in more trouble than new companies since they can get out there with newer tech and make bespoke software while the Legacy Motors have to find ways to compete. Example is Tesla bringing big screens into cars and the Legacy auto companies making larger screens trying to compete.I think time will determine how this plays out and impacts companies like Scout, Rivian, Lucid as well as GM and Ford. Scout is still at least 2.5 years away from production so that gives them time to see the landscape.
Overall, I'm concerned about the BEV market in the US and how we'll be able to compete worldwide as OEMs like GM and Ford are way behind and new companies like Rivian and Scout could get hampered significantly.