Trump to Ease Mileage Rules in Bid to Curb Car Prices

Well, I mean, it's a bit of a whipsaw effect because automakers during the Biden administration, when they really toughened standards, spent billions creating infrastructure for EV factories and battery factories. And all of that is losing the money now because President Trump has done away with the what he called the EV mandate. Right.He took away the 70 $500 consumer tax credit for buying an electric vehicle. But more importantly, he also zeroed out the penalties for not meeting fuel economy standards or ...