02-04-2024 23:56 via foxbusiness.com

Utilities experts speak on nation’s ability to accommodate wider EV adoption: ‘Doesn’t just happen magically’

Last month, the Biden administration finalized highly-anticipated environmental regulations that are ultimately intended to incentivize wider adoption of electric vehicles (EV). The aggressive emissions standards for gas-powered vehicles are meant to compel automakers to increase production and sales of EVs, plug-in hybrids, traditional hybrids and fuel cell vehicles. Under one "low cost" model outlined by the Environmental Protection Agency (EPA), officials said automakers would be fo
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