WASHINGTON, March 20 (Reuters) - The Biden administration on Wednesday slashed its target for U.S. electric vehicle adoption from 67% by 2032 to as little as 35% after industry and autoworker backlash in the political battleground state of Michigan.
The Environmental Protection Agency instead adopted a “technology neutral” regulatory scheme that allows automakers far more freedom to meet emissions standards with gas-electric hybrids, which many environmentalists have opposed as a half-measure that delays the EV transition. The agency also embraced “advanced gasoline” technologies to save fuel, such as turbo-charging, lighter vehicles or stop-start ignition systems.
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Somebody really said "slow the line down?" Hmmm, Toyota, Honda and the SKoreans have it all wrong you suppose? Folks who see nitrogen as a H carrier in stead of glorious petrochemicals have it wrong according to the battery investor clique. LOL, the battery gang has it wrong, and why by the way are they so political and able to make attempts to manipulate public options? Meh, double down on stupid. Get same results. Duh. (Says Homer by the way)
I thought you all wanted demand to go down?
Don't you all hate EVs? And hate the government 'forcing' you to drive EVs?
Don't say the givernment is driving down demand when this is exactly what you wanted.
2032 is a pipe dream.
Washington knows how to destry demand better than anybody!