
I think that you're about to see two major trend lines in the auto industry over the next few years, now that President Donald Trump is back in office and all but certain to kill the Biden-era fuel economy and emissions rules and maybe the EV tax credits. On one hand, the automakers who invested early into EVs will keep theirs going—possibly at an adjusted rate, if demand cools off without any incentives or deals to be had. On the other hand, the ones that are behind on EVs will use the next few years as cover fire to try and catch up, all while focusing on hybrids, profitable gas engines and operating under the auspices of "consumer choice."