President Biden is backtracking on his push for electric vehicles due to various factors, including pressure from Michigan voters and concerns about losing the swing state.
The U.S. Environmental Protection Agency (EPA) previously predicted by 2032, “EVs could account for 67% of new light-duty vehicle sales.”
The administration plans to relax emissions limits set by the EPA and extend the timeline for reducing tailpipe emissions.
Issues such as the high cost of EVs, lack of charging infrastructure, and job concerns among autoworkers have contributed to the pushback.
Cox Automotive reported that “the average price paid for a new EV was $50,789.”
The rise of Chinese EV manufacturers like BYD poses a threat to the U.S. auto industry.
The White House recently warned that the electric grid “is struggling to maintain an even flow of electricity.”
The shift towards EVs is met with challenges related to infrastructure readiness and potential grid strain.
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