A coalition of auto dealers is calling on President Biden to reconsider the aggressive electric vehicle push, citing low demand and excess inventory.
A coalition of more than 3,000 auto dealers nationwide is sending an open letter to President Biden , calling on him to "tap the brakes" on his administration's aggressive electric vehicle (EV) push.
The coalition — which includes dealers located in all 50 states and who collectively sell every major car brand — is taking particular aim at the Biden administration's tailpipe emissions standards released earlier this year which are the most aggressive federal regulations of their kind ever issued. Under the regulations proposed by the Environmental Protection Agency (EPA), the majority of new vehicle purchases will be electric within a decade. "These vehicles are ideal for many people, and we believe their appeal will grow over time," the dealers wrote in their letter to Biden on Tuesday. "The reality, however, is that electric vehicle demand today is not keeping up with the large influx of BEVs arriving at our dealerships prompted by the current regulations. BEVs are stacking up on our lots." "Last year, there was a lot of hope and hype about EVs," the letter continued
Auto Dealers Coalition President Biden Electric Vehicle EV Tailpipe Emissions Regulations Demand Inventory
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Biden will meet with United Auto Workers president in Illinois on ThursdayPresident Joe Biden will meet in Belvidere, Illinois, with the head of the United Auto Workers union
Weiterlesen »
Biden will meet with United Auto Workers president in Illinois on ThursdayPresident Joe Biden will meet in Belvidere, Illinois, with the head of the United Auto Workers union.
Weiterlesen »
Biden will meet with United Auto Workers president in Illinois on ThursdayPresident Joe Biden will meet in Belvidere, Illinois, with the head of the United Auto Workers union
Weiterlesen »
Biden will meet with United Auto Workers president in Illinois on ThursdayPresident Joe Biden will meet in Belvidere, Illinois, with the head of the United Auto Workers union.
Weiterlesen »
Biden will meet with United Auto Workers president in Illinois on ThursdayPresident Joe Biden will meet in Belvidere, Illinois, with the head of the United Auto Workers union.
Weiterlesen »