Joe Biden is starting to ride back his committments on forcing the transition to electric vehicles (EVs).
According to a report from The New York Times, Biden’s administration is giving up on its targets for production of EVs in an apparent “concession” to automakers and labor unions.
The plan is also said to be an election ploy as Democrats fear losing the support of automakers and labor unions:
Instead of essentially requiring automakers to rapidly ramp up sales of electric vehicles over the next few years, the administration would give car manufacturers more time, with a sharp increase in sales not required until after 2030, these people said. They asked to remain anonymous because the regulation has not been finalized. The administration plans to publish the final rule by early spring.
The change comes as President Biden faces intense crosswinds as he runs for re-election while…
