Regardless, the market is going to do what the market is going to do. The public wants this move away from fossil fuels and the auto industry sees they can make money moving in this direction. Revoking the EO doesn’t change the picture … unless he forbids companies to make EVs.
That is true, but EV sales increased year over year and ICE sales have decreased year over year since 2017. EVs are past the early adopter phase and more and more people are seeing that EVs are just better at being a car.
Those EVs sold probably with 90% getting a $7.5k handout.
ICE cars last longer than ever so it makes sense sales would go down. And EVs up with handouts.
But 91/100 sold being ICE matters in my opinion.
Part of Bidens 17M jobs & increase in GDP were from auto industry. Unemployment % surely to ⬆️ bc of this as well as price in restaurants, construction, food from the deportation of migrants or them not showing up. Heritage Foundation wants majority whites in country, but its POC that keep it running
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ICE cars last longer than ever so it makes sense sales would go down. And EVs up with handouts.
But 91/100 sold being ICE matters in my opinion.
Eventually maybe all EVs, but not for decades