As President-elect Trump threatens to eliminate federal tax credits for electric vehicle buyers, the auto industry remains committed to transitioning from gasoline vehicles, having invested over $160 billion in EV development since 2021. Experts warn that rescinding the credits may slow EV adoption, impacting sales and factory investments. Trump argues a rapid shift to EVs could lead to manufacturing in China, while economists dispute this claim. Industry leaders assert their long-term strategies for EV production will continue regardless of Trump's policies.