Free Republic

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 federal government is spending $1.7 billion to modernize automobile manufacturing facilities, helping the industry compete with foreign subsidies and create and protect jobs.As part of the Automotive Community Benefits Plan, the current administration will extend grants to 11 selected manufacturing plants in eight states, including in Georgia, Michigan, and Pennsylvania, that have temporarily closed or were at risk of closing.Federal funding, which will come from the Inflation Reduction Act, will be dedicated to retrofitting factories, installing equipment, and bolstering annual production.Grant capital will also allow these at-risk facilities to convert to manufacturing electric vehicles and related components and a...

The Biden administration on Friday tightened vehicle fuel mileage standards, part of its strategy to transform the American auto market into one that is dominated by electric vehicles that do not emit the pollution that is heating the planet.The new mileage standards announced by the Transportation Department are among several regulations the administration is using to prod carmakers to produce more electric vehicles. In April, the Environmental Protection Agency issued strict new limits on tailpipe pollution that are designed to ensure that the majority of new passenger cars and light trucks sold in the United States are all-electric or hybrids...

Secretary of Transportation Pete Buttigieg said Tuesday on Fox News Channel’s “America Reports” that people who do not want electric cars were like those who wanted “landline phones forever.” Buttigieg said, “Let’s be clear consumers have wanted and purchased more EVs every single year than the year before. Tesla is facing more competition as GM and Ford and Stellantis and other competitive players make sure they get a piece of the EV market. Let’s be clear, the automotive sector is moving toward EVs and we can’t pretend otherwise. Sometimes, when these debates happen, I feel like it’s the early 2000s...

The trouble with incentives In science there is a theory called the butterfly effect. It could have a big impact on pension funds that have made renewable energy and other green investment a major part of their alternative strategy, and that are hopeful the administration of President-elect Barack Obama and a new Congress will promote policies and incentives to encourage growth of this new economic sector. The butterfly effect suggests that a small change in conditions (e.g., a butterfly flapping its wings in California) can reverberate to cause unpredictable major changes throughout a system (e.g., a major storm on the...