US Softens Emission Rules Amid Slower EV Uptake, Automakers Cheer

Amid slowing electric vehicle (EV) sales, the U.S. government has announced the relaxation of emission rules and adjustments to fuel economy requirements for EVs. This recalibration will affect not only traditional automakers who have been stepping up their electrification efforts but also the broader EV industry. This move is being celebrated by legacy automakers as it provides them more time for a gradual transition to EVs, thus avoiding potential financial penalties that could have risen from strict comp ...