Ford, GM, Stellantis, and other US automakers and suppliers have invested nearly $146 billion over the past three years in the design, engineering, and manufacturing of electric vehicles according to the Center for Automotive Research in Ann Arbor, Michigan. But in MAGAmerica, much of that investment could be wasted if … [continued]
Because Tesla only sells electric cars which come under the ZEV category, the company has excess regulatory credits and can effectively sell them at a 100% profit. CAFE standards increase their value.
How could the ongoing US election impact the electric vehicle industry? Let’s consider.
Nevada Governor Steve Sisolak has decided to side with California and Tesla, not Donald Trump and certain lagging automakers, on the need for cleaner cars. Governor Sisolak announced today, June 22, that Nevada would adopt California’s fuel economy regulations.
While the administration just finalized its reduction in vehicle efficiency from 5 percent per year to no better than a measly 1.5 percent per year (despite their own evidence showing how bad it is for the country), that hasn’t stopped the auto industry from seeking even further reductions.
It’s official. The US government has rolled back the fuel economy standards for new cars as a favor to the oil industry. Another present from the Trump maladmnistration. You’re welcome, America.
Originally published on Gas2. Congressman Fred Upton is the senior representative from the great state of Michigan in the US Congress. He is also the chairman of the House Energy and Commerce Committee. During hearings last week, Congressman Upton called for relaxing the CAFE targets the government will set after it … [continued]
A new survey commissioned by CALSTART has revealed that around 70% of major automotive suppliers don’t want policymakers to alter the current 2025 federal light-duty vehicle fuel economy standards in the US. The survey — the first ever of its type amongst automotive suppliers — also revealed that most suppliers … [continued]
