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Thursday, May 30, 2024

Opinion | The Auto Makers Cry for EV Mercy Categorical Instances

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Normal Motors final week mentioned it’s delaying electrical pick-up truck manufacturing in Michigan, citing slowing demand for EVs and the necessity to make them extra worthwhile. However the Biden Administration’s back-door EV mandate is paradoxically inflicting bother for its plans for green-vehicle funding.

On Sept. 14, the day earlier than the United Auto Staff launched its strike, the Vitality Division despatched letters to Ford, Normal Motors and Stellantis asking for assist understanding “particular challenges” to its proposed rule that would cut back the credit beneath the company common gas financial system (Cafe) requirements for producing electrical automobiles.

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