Biden administration finalizes rule expected to require significant shift to EVs

The Biden administration finalized a rule on Wednesday that’s expected to make a significant amount of the new car market electric or hybrid.An administration official told reporters Tuesday that under the new rule, 56 percent of the new vehicles on the market in 2032 could be battery electric, while an additional 13 percent could be plug-in hybrids.That’s up from a collective 16 percent of sales being electric and hybrid cars last year. The rule is a cornerstone of the Biden ad