President Joe Biden has issued a new environmental federal regulation to begin phasing out gas-powered cars, requiring American automakers to produce Electric Vehicles (EVs) as part of his sweeping green energy agenda. On Wednesday, Biden announced the rule to require that a majority of new cars sold in the U.S. market are EVs or hybrids by 2032, the New York Times details: Nearly three years in the making, the new tailpipe pollution limits from the Environmental Protection Agency would transform the American automobile market. A record 1.2 million electric vehicles rolled off dealers’ lots last year, but they made up...