Biden administration eases EV rules on tailpipe emissions, NYT reports By Reuters
© Reuters. File photo: Car exhaust photo taken in New York, USA on August 2, 2018. REUTERS/Lucas Jackson/File Photo
2/2
WASHINGTON (Reuters) – U.S. President Joe Biden’s administration plans to ease emissions limits designed to encourage Americans to switch from gasoline-powered cars to electric vehicles, the New York Times reported, citing sources familiar with the plan.
“Instead of requiring automakers to quickly ramp up electric vehicle sales over the next few years, the government will likely give automakers more time,” the report said, adding that new regulations could be announced by early spring.
These changes mean that EV sales won’t need to increase dramatically until after 2030.
John Bozzella, president and CEO of the Alliance for Automotive Innovation (AAI), an auto industry trade group, said Sunday that the next three to four years are critical for the development of the EV market.
“We need to influence industry change by giving markets and supply chains a chance to catch up, maintain customer choice, bring more public charging stations online, and ensure industry credit and inflation reduction laws do their part,” Bozzella said. “Go crazy,” he said.
Reuters previously reported that the White House could enact Environmental Protection Agency (EPA) rules starting in March that would significantly reduce tailpipe emissions. The administration’s proposal calls for raising U.S. EV market share from less than 8% in 2023 to 67% by 2032.
According to Reuters, General Motors (NYSE:), Ford (NYSE:) and Stellantis (NYSE:), the European parent of U.S.-based Ram and Jeep, warn that trucks cannot profitably convert their large U.S. fleet so quickly. I did. Analyzing auto manufacturers’ sales data and reviewing comments to regulators.
Automakers and AAI have urged the Biden administration to slow the proposed EV sales growth. They said EV technology is still too expensive for many mainstream U.S. consumers and that charging infrastructure needs more time to develop.
