Energy and Environment

Larry Kudlow pledges to end subsidies for electric vehicles

By Josh Siegel
Published December 3, 2018 9:30pm ET
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Larry Kudlow pledges to end subsidies for electric vehicles
White House chief economic adviser Larry Kudlow talks with reporters about trade negotiations with China, at the White House, Monday, Dec. 3, 2018, in Washington. | (AP Photo/Evan Vucci)

White House Economic Adviser Larry Kudlow said Monday the Trump administration wants to end subsidies for purchases of electric vehicles.

Kudlow told reporters that electric car subsidies “will all end in the near future,” projecting 2020 or 2021 for an end date.

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Tag:

Auto Industry Donald Trump Electric Vehicles General Motors Larry Kudlow Taxes Tesla