Biden’s EPA passed a new rule to make gas-powered cars very expensive. This rule, somehow, will make EVs more affordable and available.
“Purely gas-powered vehicles will get more expensive,” said Sam Abuelsamid, the principal research analyst for mobility at market intelligence firm Guidehouse Insights, in an email.
“The new rule will make it more difficult for gas-powered cars to keep up with the Environmental Protection Agency’s (EPA) standards, which will ratchet up over time, and they’ll need “more advanced technology that will drive up prices,” Abuelsamid said.
He thinks the increased production of EVs will make them cheaper.
The administration can now claim it hasn’t banned gas cars—yet. Two states, California and Massachusetts, have banned gas-powered cars.
This means that a lot of United Auto Workers will lose their livelihoods.
Some analysts say prices of gas-powered cars will increase.
The Biden administration said the rule issued Wednesday could result in just 29 percent of the new car market remaining gas-powered in 2032. In the administration’s lowest-cost scenario, it estimated by that year, 56 percent of vehicles would be battery electric, 13 percent would be plug-in hybrids, and 3 percent would be other hybrids.
Biden has slowed down the shift to EVs that most people don’t even want. John Bozzella, president and CEO of Alliance for Automotive Innovation, is pleased with the stretch goal.
The administration claims EVs are cleaner, but what they really are doing is making us dependent on Chinese Communists. The CCP is building three different EV firms in Mexico. The plan is to put US carmakers out of business. It will put American workers out of business.
The rule forces more than half of US cars sold in 2030 to be EVs.
If Democrats win in November, it will get worse. This delay is only until they have power.
Colorado banned gas-powered lawn equipment, and New York banned gas-powered stoves. These people are nuts. We will become totally dependent on China.
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If you are 60 or over/and or are below median income, the Democrats are hard at work to economically destroy you and make you miserable. One of their deliberate plans of attack is to make all most everything too expensive for you. As they further escalate inflation, the purchasing power of our income will rapidly shrink. You ma not even be able to afford their protein meals made from insects. Housing? think hovels. Transportation? hope you can afford suitable footwear/
Should work as well as all Progressive ideas. Meaning predestined to fail. Trump was correct when he said there will be a bloodbath in the auto industry. Bankruptcies will be abounding once again in the auto industry if they buy into it.
How is Ford doing with all those EV pick-ups?
Dead as a dodo.
The CEO of Hertz after he had bought 20,000 EV rental cars, and then almost no one was renting them and then they were too expensive to repair so he got rid of them, he sold them, well he resigned.
And Leftists are telling us EVs are a success !
Delusional leftists…
Leftists are NOT delusional…one has to have a BRAIN for that…they just swallow, without a chaser, whatever the Ministry of Truth pours into their cranium space without question…