Fewer people will be able to afford electric cars and trucks if President-elect Donald J. Trump and Republicans in Congress eliminate a $7,500 federal tax credit.

Britain said on Wednesday it would rethink the rules that force carmakers to produce more electric vehicles after the industry warned that the current plan would lead to factory closures and job losses,

The British government is reconsidering its strict electric vehicle (EV) targets for 2024 after significant criticism from the auto industry. Initially, manufacturers were required to ensure 22% of all new car sales next year were EVs.

UK carmakers might get an early Christmas present. Earlier this week, UK business minister Jonathan Reynolds confirmed the government will revise the rules around the zero-emission vehicle (ZEV) mandate.

Britain has launched a consultation to review the targets set for carmakers to boost electric car sales, finance minister Rachel Reeves said on Wednesday, after industry warnings that the rules could force factory closures and job losses.