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ford-and-gm-scale-down-electric-vehicle-investments-amid-policy-shifts
Ford and GM Scale Down Electric Vehicle Investments Amid Policy Shifts

Ford and GM Scale Down Electric Vehicle Investments Amid Policy Shifts

Last updated: September 15, 2025 12:48 pm
By
Austin Alonzo
1 Min Read
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Ford and GM Scale Down Electric Vehicle Investments Amid Policy Shifts

A Ford F-150 pickup on the assembly line at a plant in Dearborn, Mich., on April 11, 2024. Rebecca Cook/Reuters

Major American automakers Ford and GM are changing their plans for electric vehicles as they face stubbornly weak sales and a sweeping reversal in federal policies.

In 2025, President Donald Trump and his administration fulfilled a campaign promise to roll back what he characterized as an electric vehicle mandate imposed by his predecessor, President Joe Biden. Most significantly, Trump signed the One Big Beautiful Bill Act in July, which will end a significant tax credit program designed to get Americans into electric vehicles.

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