Posted on 11/22/2024 5:33:38 PM PST by MinorityRepublican
Executives at Ford Motor Company, General Motors (GM), and Stellantis are begging President-elect Donald Trump to keep in place President Joe Biden’s Electric Vehicle (EV) mandates. The plea comes as automakers have invested billions in EVs that have failed to turn a profit.
In March of this year, Biden issued a federal regulation to begin phasing out gas-powered cars, requiring American automakers to produce EVs and ensure that by 2032, the majority of new cars sold in the U.S. market are electric.
Since then, Ford, GM, and Stellantis have staked their futures on EVs. The results have been bleak as the initiative remains unprofitable, with American consumers turned off to the high cost and increased issues that arise with EVs.
The auto executives are now quietly lobbying Trump to keep Biden’s EV mandates — despite a recent study showing almost 125,000 auto manufacturing jobs are at risk of being eliminated due to the federal rule.
The New York Times reports:
Three of the nation’s largest automakers, Ford, General Motors and Stellantis, are strategizing with other car manufacturers on how to make a delicate request of President-elect Donald J. Trump: Don’t scrap the federal regulations that compel the industry to sell electric vehicles. [Emphasis added]
(Excerpt) Read more at breitbart.com ...
BINGO!
Dodge dumped the Hellcat.
Talk about a sign of the apocalypse.
But at least one of the referenced automakers, the multinational automaker Stellantis, is pushing back on the Times’s reporting. Beyond that, a letter from the Alliance for Automotive Innovation, the nation’s lead auto industry group, sent to Trump on Nov. 12, and obtained by the Washington Free Beacon, indicates that climate rules pushing electric vehicles are among the major “headwinds” facing the industry.
A spokesman for Stellantis told the Free Beacon that the company is not pushing the administration to preserve EV mandates, directly contradicting the Times’s report. “The New York Times story characterizing Stellantis as preparing to lobby the incoming Trump Administration to preserve EV mandates is not accurate,” Stellantis told the Free Beacon in a statement. “Stellantis was not among the ‘lobbyists and officials from several car companies’ the story cites as its sources.”
(Excerpt) Read more at freebeacon.com ..
If the Trump doesn’t overturn the CO2 Endangerment Finding then we should expect more of the same b.s.
Our Buick & Cadillac did the same thing just with the Buick & Cadillac brands. They are building a new dealership; Chrysler & Jeep I think.
NO! Dump all the EV incentives and promote new designs for internal combustion engines, along with fuel cells that work as well.
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