Texas car dealers show concern about federal EVs mandate
In Texas, Dallas Morning News reported that more than 4,000 car dealers, including more than 300 from Texas, have signed an open letter urging Biden to back off the new regulations regarding EVs because consumer demand isn’t keeping up with rapidly rising supply. The dealers noted that unsold inventory is surging. Electric vehicles are a central part of President Joe Biden’s plans to cut the country’s greenhouse gas emissions, thereby reducing air pollution and combating climate change, according to the report. The Environmental Protection Agency has proposed new emissions standards expected to pave the way for two-thirds of all new vehicle sales to be electric by 2032. “They are not selling nearly as fast as they are arriving at our dealerships — even with deep price cuts, manufacturer incentives, and generous government incentives,” the dealers said in the letter. “While the goals of the regulations are admirable, they require consumer acceptance to become a reality,” the dealers said. “With each passing day, it becomes more apparent that this attempted electric vehicle mandate is unrealistic based on current and forecasted customer demand.”
