President Donald Trump is putting the brakes on electric vehicles in government fleets, ordering thousands to be sold and shutting down their charging stations at federal buildings. Framed as a cost-cutting measure, the decision could ironically end up costing the administration $1 billion.
The GSA will also begin to offload as many as 25,000 EVs purchased during the Biden administration. Speaking with Politico, a former GSA official said these EVs may only sell for 25% of their original value, potentially resulting in a loss of as much as $225 million. And since those EVs will need to be replaced with gas-powered cars, the federal government could end up spending an additional $700 million.
