From Investing.com:

The Biden administration plans to relax limits on tailpipe emissions to give car manufacturers more time to ramp up sales of electric vehicles. The new rule would result in EV sales not needing to rise sharply until after 2030. The EPA is committed to finalizing a technology standard that secures reductions in air and climate pollution aligning with economic benefits. The White House could enact proposed EPA regulations as soon as March. General Motors, Ford, and Stellantis are against the quick transition to EVs, citing profitability and technology costs. The auto industry and AAI have urged the Biden administration to slow the proposed ramp-up in EV sales, stating that technology is still too costly for mainstream consumers.



Read more: Biden administration to relax EV rule on tailpipe emissions, NYT reports By Reuters