Ford warns Trump’s return could cut U.S. EV sales by half due to policy rollbacks and uncertainty.

Ford CEO Jim Farley warned that policies under a potential return of Donald Trump could slash U.S. electric vehicle sales by half, citing rollback risks to fuel standards, EV tax credits, and charging infrastructure investments. He said the shift could reduce EV adoption to just 5%, blaming policy uncertainty and declining consumer demand amid aging models and a recall halt. Ford’s EV unit posted a $1.3 billion loss in Q2, with projected annual losses up to $5.5 billion. The company is now pivoting to hybrids and retooling EV plants for hybrid production, stressing that stable government policy is critical for the industry’s long-term transition.