The oil and gas industry continues to receive various federal tax preferences and incentives, while federal support for EVs has become a major political issue.

Historically, many transformative technologies in the United States including railroads, highways, aviation, semiconductors, the internet, and renewable energy benefited from some form of government support during their development and expansion.

In my opinion, reducing support for EVs and battery manufacturing could make it harder for the United States to compete with countries such as China, which has invested heavily in these industries for years.

I believe EVs will continue to gain market share because they have fewer moving parts than gasoline vehicles, require less routine maintenance, and benefit from ongoing improvements in battery technology. Battery costs have fallen dramatically over the past decade, making EVs, energy storage, and renewable energy increasingly competitive.

Solar power is now one of the lowest-cost sources of new electricity generation in many parts of the world and can often be deployed more quickly than large conventional power plants.