By Free Republic | Created at 2024-11-23 01:39:04 | Updated at 2024-11-26 21:49:55
3 days ago
Auto Execs Beg Trump to Keep Biden's EV Mandates After Spending Billions on Unprofitable Electric Cars
Breitbart ^ | 22 Nov 2024131 | John Binder
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 ...
TOPICS: Politics/Elections
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To: MinorityRepublican
Listen to your customers, not politicians and bureaucrats ya dummies.
2 posted on 11/22/2024 5:37:47 PM PST by bigbob (Yes. We ARE going back!)
To: MinorityRepublican
In reality, no president has the authority to mandate anything. They have to follow the constitution and be within existing laws.
As for the big three automakers they can F’ themselves and their EV BS.
3 posted on 11/22/2024 5:38:55 PM PST by maddog55 (The only thing systemic in America is the left's hatred of it!)
To: MinorityRepublican
They chose poorly. And knew it beforehand.
4 posted on 11/22/2024 5:38:57 PM PST by skr (Righteousness exalteth a nation: sin is a reproach to any people. - Proverbs 14:34)
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