Biden Admin ‘backs off’ on Electric Car push

Yahoo Finance
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The Biden administration is expected to loosen its rules for the country’s switch to electric vehicles (EVs), The New York Times first reported Saturday, citing three people familiar with the plan.

The Environmental Protection Agency’s (EPA) change in its proposed rule would implement less stringent requirements for vehicle pollution in the short term — effectively allowing car manufacturers to have a smaller percentage of their fleet be electric in 2030 than under the Biden administration’s initial proposal, the Times reported.

The rule change would be a win for car manufacturers and labor unions, allowing the industry more time to boost its EV production and charging infrastructure before regulations encroach on the gas-powered vehicle market.

The EV market has swelled in recent years, but not as quickly as some had anticipated. More consumers turned to hybrid cars instead of fully electric vehicles in 2023. EV sales made up just 7 percent of the market last year, The Associated Press reported.


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Chuck comes from a lineage of journalism. He has written for some of the webs most popular news sites. He enjoys spending time outdoors, bull riding, and collecting old vinyl records. Roll Tide!