Automakers beg D.C. politicos to go easy with tough EV policy
Ford, GM have significant investments that can be compromised.
During his inauguration speech on January 20, President Trump told distinguished guests at the Capitol Rotunda and television cameras that a "tide of change" was coming during his second tenure in office.
Amid a flurry of other political moves, the new administration has been working to reverse some of the transportation and environmental policy measures encouraging automakers to produce and sell electric vehicles under the former administration, a set of policies the president calls the "Biden EV Mandate."
Notably, on his first day in the new post, Transportation Secretary Sean Duffy ordered the National Highway Traffic Safety Administration (NHTSA) to reevaluate Corporate Average Fuel Economy (CAFE) standards designed to make cars more fuel efficient.
