Trump pledges to reverse EV policy, new car day's supply, fast chargers are ramping up

Hey everyone.If you're all about getting the juiciest auto industry news in the quickest, most concise way possible, our Week-In-Review newsletter drops every Saturday and it's exactly what you've been looking for. Sign up hereit’s 100% free.

— CDG

1. What a Trump, Vance presidency could look like for the EV market

Presidential candidate Donald Trump and his new running mate J.D. Vance have shed light on their plans for the automotive sector, should their bid for the White House succeed in November.

Driving the news: During the final night of the Republican National Convention (RNC), Trump promised to end Biden’s EV “mandate” on his first day as President. Accomplishing this goal would save the car industry from “complete obliteration,” he added, while also “saving U.S. customers thousands and thousands of dollars per car.” … Read more

Become an automotive insider in just 5 minutes.

Get the weekly email that delivers transparent insights into the car market.

Join 70,000 others now, it's free:

2. New car days' supply shoots up due to sales disruptions

A widespread cyberattack on dealership management systems provider CDK Global, in late June, has led to some abnormalities in last month’s inventory data.

The intrigue: Although, month-over-month, inventory dropped by 200,000 units, the average day’s supply at the beginning of July was up 110% to 116 days … Read more

Thinking about buying a used car? Bumper.com's vehicle history reports can give you essential information about a vehicle's past, including damage history and title history.

Plus, you can find the estimated market value of a vehicle to help ensure you're getting a fair deal.

Visit Bumper.com to explore our reports and help ensure you have the information necessary to make a well-informed purchase.

Avoid unexpected surprises and shop smarter with Bumper.com. Search for the details you need to confidently find your next vehicle.

3. EV charging sites set to outnumber gas stations by 2032

According to Bloomberg, 704 new fast-charging sites were completed over the course of Q2, up 9% from the previous quarter.

What’s more: The growth of EV charging infrastructure is on track to explode over the next decade, with new estimates placing the day chargers outnumber gas stations within eight years … Read more

Have a tip for our editorial team? Send us your scoop at [email protected].

  • Hyundai is adding a 7-Seater Ioniq to its 2025 lineup.

  • Police arrest a suspect in the murder of former Rolls-Royce design chief Ian Cameron.

  • Solar power is expected to meet half of the global electricity demand growth in 2024 and 2025.

  • Almost every BMW, Audi, and Mercedes EV is leased.

  • The Volvo EX90 might be delivered to customers without key features.

Thanks for reading everyone.

— CDG

Reply

or to participate.