Electric Vehicle industry will persist, experts say, despite Trump cuts

Despite hostility from the new Trump administration, electric vehicles will eventually become a major part of the nation’s vehicle fleet, experts and researchers say.

“There’s not an automaker out there that I have spoken with, or a supplier out there, who said that electrification in some form or fashion isn’t going to be part of the future,” said Todd Cassidy, a managing director at investment firm Brown Gibbons Lang & Company who specializes in the auto market. “It’s just how soon it’s part of the future and how big of a part of the future it’s going to be.”

Paige Gross