01:08 PM EDT, 09/30/2025 (MT Newswires) -- Ford Motor ( F ) Chief Executive Officer Jim Farley said that proposed policies under President Donald Trump may reduce US electric vehicle sales by half, Bloomberg reported Tuesday, citing a speech at a Detroit conference.

Cutting the $7,500 EV tax credit and easing emissions rules may cut the zero-emission vehicle share of the domestic market to 5% from 10%, Farley said, according to the report.

Ford is shifting toward lower-cost EVs and gas-electric hybrids, Farley said, according to the report.

Ford did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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