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Sales Growth Slowing, Biden Administration May Delay EV Mandates

Sales Growth Slowing, Biden Administration May Delay EV Mandates

Facing slowing sales growth — and pressure from automakers and their dealers — the Environmental Protection Agency may delay proposed emissions rules that would require EVs to account for as much as two-thirds of the new vehicles sold in the U.S. by 2032. The move would provide more time to address issues blamed for slowing adoption, including the high cost of EVs, as well as the lack of a robust public charging network.

White House May Temporarily Revise EV Tax Credit Rules as Sales Slow

White House May Temporarily Revise EV Tax Credit Rules as Sales Slow

The Biden admin. may give a critical boost to the auto industry as sales of battery-electric vehicles slow, temporarily lifting rules sharply curtailing the number of EVs qualifying for federal tax credits. But the senator who introduced the restrictions says he’ll fight any rollback, reports Headlight.News.