Subject: Re: Biden's new EV rules
I mean, that's the point, right? If the choices of manufacturers and consumers were going to land in a place where we had 60% EV's by 2032 (or whatever the percent is), then you wouldn't need a regulation. You only need the regulation in order to change the amounts and prices of the ICE vehicles that manufacturers offer, relative to the amount and prices of EV's.

This x1000. You don't get to claim "The market has spoken"! when you're the one literally dictating to the market what it can produce and offer to consumers in the first place.

EV demand is slowing to the point where automakers are walking back their previous statements around full electrification. You're seeing some production lines paused or shut down and more of a shift towards hybrids again.