Trump’s Fuel Shift: $109B Car Savings Sparks Battle for EV Market
(Market Pulse) – The Trump administration’s proposed rollback of fuel efficiency standards to 34.5 mpg could hand legacy automakers ($F, $GM) short-term savings and boost gas demand for energy companies ($XOM, $CVX), but puts US electric vehicle ambitions—and EV manufacturers ($TSLA, $LCID, $RIVN)—at risk. The administration claims consumers could save $109 billion over five years,…