President Donald Trump has signed an executive order promising to eliminate what he incorrectly labels “the electric vehicle mandate” imposed under former President Joe Biden.

Just to start out: the federal EV tax credit is still alive and kicking. It was not eliminated by the stroke of Donald Trump’s pen because it can’t be. The tax credit — $7,500 for a new EV, $4,500 for a used one — was passed by Congress as part of the Inflation Reduction Act (IRA), and it would take another act of Congress to do away with it.

Although the incoming administration vowed to end the EV incentives, buyers can still benefit, and these are all the EVs that qualify for a tax credit in 2025

President Donald Trump signed an executive order signaling his intention to eliminate the Biden administration’s electric vehicle policies, which he has falsely labeled a “mandate.” Trump also signed an order signaling his intent to weaken tailpipe emission standards,

President Donald Trump took aim at federal and state support for electric vehicles on his first day in office. But it’s not clear he has the power he’s claimed on the topic.

Top Moore administration officials told state lawmakers that they're committed to implementing aggressive mandates for the sale of electric vehicles in the years ahead, but said the task just got harder with President Donald Trump back in office.

President Trump's executive order on electric vehicles could end subsidies and programs that promoted that aspect of the car market. Joann Muller, a transportation correspondent at Axios, joins CBS News with more.