Potentially bowing to dealer, automaker and union pressure, the Biden Administration may back off rules leading to wider EV adoption.
In recent years, the American car market has been pushed toward becoming a significantly more electric one by the Biden Administration's strict Environmental Protection Agency rules. Those car tailpipe emission rules are so strict that they could result in two-thirds of all new cars having emissions at all by 2032.
Moreover, many analysts and industry officials have said EVs haven't yet had the 'breakthrough' moment that will allow them to become cheaper to buy, while driving further, to meet more Americans' needs. But if the Biden Administration does in fact back off its 2030 targets, it raises serious questions about the future of an industry undergoing its biggest transformation since the creation of the assembly line.
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