One big question keeps surfacing after the Biden administration announced plans to raise auto standards so sharply they would likely boost electric vehicle production to 67% of all new passenger vehicle sales in under a decade: Can automakers pull that off?
The proposal would require a huge change in production and consumer choice. To put it in perspective, in 2022 about 6% of U.S. passenger vehicle sales were all-electric.
I study the electric vehicle industry and policy. Here’s why I think the Environmental Protection Agency’s plan can succeed.
Automakers have met tough…
News Source: theconversation.com