Biden EPA’s EV Quotas Would Hurt U.S., Enrich China

The Biden administration on Wednesday announced plans to make cars more expensive for Americans, curb U.S. energy jobs, and make Chinese battery manufacturers richer. The new proposed regulations from the Environmental Protection Agency would require new car sales to be 60% battery-powered electric by 2030 and 67% by 2032 in order for automakers to be in compliance with the new regulations, compared with fewer than 6% in 2022. Read Full Article »