The Trump administration's rollbacks of EVs and emissions policies will be more far ranging than previously thought, according to a report.

During the campaign, candidate Trump made repeated references to ending a supposed EV mandate. In fact, policies put in place by President Joe Biden only call for 50 percent of all new vehicles to be electrified by 2032 under US Environmental Protection Agency rules meant to cut emissions by 56 percent from 2026 levels.

President-elect Donald Trump is hellbent on reversing any progress current president Joe Biden has made by extending the national electric vehicle charging network. According to a document obtained by Reuters,

Some unions are born of necessity, others from convenience. In the case of Honda and Nissan's potential merger, it is mostly defensive as Chinese rivals take the world by storm. While the challenge from China's seemingly boundless EV expertise looms large for all traditional automakers,

The move would bring the two struggling car companies together in a bid to reclaim market share from rising domestic brands in China, the world’s largest car market. Nissan Motor (NSANY) shares surged 30% Wednesday following a Nikkei newspaper report that the struggling Japanese automaker is in talks with Honda Motor (HMC) over a possible merger in a move that could upend the electric vehicles (EV) market.