Automakers Lose Billions On EVs, But Beg Trump To Keep Biden’s Mandates

While consumer interest in electric vehicles failed to keep pace with the Biden-Harris administration’s federal EV mandates, which led to huge losses, the Big Three U.S. automakers may pressure President-elect Donald Trump to keep the requirements in a quest for “stability and predictability.”

Ford, General Motors and Stellantis, the New York Times reports, citing unnamed “lobbyists and officials from several car companies,” want Trump to keep the EPA’s tailpipe emission standards, which restrict the amount of emissions their products can produce across fleets.

In a letter to Trump, the Times reported, John Bozzella, president of the Alliance for Automotive Innovation, which represents the manufactures of almost all new vehicles sold in the U.S., automakers’ success depends on “stability and predictability in auto-related emissions standards.”

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