Major automakers tell Biden to reconsider rule propping up EVs that would kill gas-powered cars
Brady Knox
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An alliance of top automakers urged President Joe Biden to reconsider rules that would prop up electric vehicles at the expense of gas-powered ones.
The Alliance for Automotive Innovation, representing General Motors, Toyota Motor, Volkswagen, Ford Motor, Stellantis, and other major manufacturers, took issue with three new proposed rules by the Environmental Protection Agency, National Highway Traffic Safety Administration, and the Department of Energy, Reuters reported. One of the three rules would force automakers to make 67% of new vehicles electric by 2032.
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In a letter to the White House and agencies behind the rule changes, the AAI reportedly warned that the proposed rules “could prematurely force abandonment of many internal combustion engine vehicles and their associated revenue, reducing the availability of capital necessary for automakers to fund the EV transition.”
It added that the final rules will “effectively lock in the pace of automotive electrification.”
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The letter derided the rule change proposal as putting forward “overlapping, duplicative and sometimes conflicting objectives.”
A memo released by the AAI in April ahead of the guideline announcement cast doubt on sweeping measures, stressing the difficulties of such a “massive, 100-year change to the U.S. industrial base and the way Americans drive.”