Tag: Biden Administration
Supreme Court decision threatens Biden’s vehicle emissions cut efforts
According to two environmental law attorneys, a recent U.S. Supreme Court ruling limiting federal regulatory powers could significantly hinder President Joe Biden's initiative to...
Weekly roundup: Feds holds interest rates, Biden finalizes milder fuel rules,...
Earlier this week: The Federal Reserve held interest rates unchanged. The Biden Administration finalized milder fuel economy rules. The majority of U.S. drivers support...
Virginia abandons California’s EV mandate, citing consumer choice and legal grounds
Virginia is stepping back from electric vehicle (EV) requirements that would have phased out the sale of new gasoline-powered vehicles by 2035. Governor Glenn...
Automotive Weekly Round Up: Biden imposes tariffs on China, Mercedes-Benz Alabama...
Earlier this week:Â The Biden administration announced new tariffs targeting Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum, and medical equipment. Workers at the...
GOP bill aims to repeal U.S. EV tax credit, hurting production...
Republicans have proposed an Inflation Reduction Act (IRA) bill to repeal the U.S. EV tax credit. If this bill passes, it would delay the...
2024 presidential race could radically shift the U.S. auto industry
The 2024 Presidential election, a potential Biden-Trump rematch, could profoundly impact the automotive industry, particularly in environmental policy and EV transition.
A shift in leadership...
Hyundai matches EV tax credits with $7,500 cash bonus
Hyundai is attempting to maintain its competitiveness with automakers eligible for tax credits under President Joe Biden's Inflation Reduction Act by offering up to...
Biden-backed battery recycler halts construction on new plant
The share price of Toronto-based Li-Cycle Holdings Corp., which is expected to receive support from the Biden administration, dropped almost 50% when the company...
President Biden speaks on historic UAW strike against Detroit’s Big 3
Around midday on Friday, September 15, President Joe Biden delivered remarks at the White House addressing the United Auto Workers (UAW) union strike....
GM fears new emissions rules may cost the industry billions, Biden...
General Motors has expressed concerns that the Biden Administration's proposed modifications to car emissions regulations might result in hundreds of billions of dollars in...
