The Battle Begins: Car Dealers Challenge Biden’s Electric Vehicle Mandate
This video was first publish on Car Coach Youtube Chanel
A coalition of almost 4,000 auto dealers nationwide sent an open letter to President Biden, calling on him to "tap the brakes" on his administration's aggressive electric vehicle (EV) push.
The coalition — which includes dealers located in all 50 states and who collectively sell every major car brand are taking aim at the Biden administration's tailpipe emissions standards released earlier this year. These are the most aggressive federal regulations of their kind ever issued. Under the regulations proposed by the Environmental Protection Agency (EPA), the majority of new vehicle purchases will be electric within a decade.
These dealers wrote in their letter to Biden on Tuesday - QUOTE - "These vehicles are ideal for many people, and we believe their appeal will grow over time... The reality, however, is that electric vehicle demand today is not keeping up with the large influx of BEVs [battery electric vehicles] arriving at our dealerships prompted by the current regulations. BEVs are stacking up on our lots."
"Last year, there was a lot of hope and hype about EVs... Early adopters formed an initial line and were ready to buy these vehicles as soon as we had them to sell. But that enthusiasm has stalled. Today, the supply of unsold BEVs is surging, as 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."
Even used electric vehicles prices, are down almost 34%, according to iSee Cars.
It’s important to note that a few states like Illinois, California, and others, have actually run out of incentive funds to purchase electric vehicles.
Thanks for subscribing and your support!
➡️ Looking for more automotive news? Go to our second channel! https://youtube.com/@car-smarts
➡️ Thanks for your support! https://www.buymeacoffee.com/laurenfix
00:00 #car Dealers Challenge #biden #ElectricVehicle #mandate
00:40 electric car pushback
02:52 #infrastructure law
05:08 #gas cars are not going away
06:20 #hybrid cars
⬇️. Check out our new podcast on all platforms:
Total Car Score ► https://www.revolverpodcasts.com/shows/total-car-score/
with Lauren Fix, Karl Brauer, and Javier Mota.
⬇️ Social media:
Twitter: ► https://twitter.com/laurenfix
Facebook: ► https://www.facebook.com/Lauren.Fix.The.Car.Coach
Instagram: ► https://www.instagram.com/laurenfix/
Gettr: ► https://gettr.com/user/laurenfix
MeWe: ► https://mewe.com/i/laurenfix
Gab: ► https://gab.com/LaurenFix
Truth Social ► https://truthsocial.com/@laurenfix
Substack: ► https://carcoachreports.substack.com/
⬇️ Website: CAR COACH REPORTS - car reviews, expert advice, and Car Smarts:
► https://www.CarCoachReports.com in English and Spanish
⬇️ Free Monthly Newsletter - Auto News, Car Reviews & Saving Secrets: ► https://carcoachreports.com
⬇️ Get My Book: ** Lauren Fix's Guide to Loving Your Car ► https://amzn.to/3ifDi3j
SUPPORT INDEPENDENT CREATORS
The Fix Family has taken generations of passion, pride & automotive expertise to create unique auto products & books that will keep you, your family & cars safer and running better for years to come.
Music by subscription: Epidemic Sound
©Automotive Aspects, Inc., 2023. All Rights Reserved.
#presidentbiden #electricvehicles #suv #car #truck #iseecars #bill #taxes #ev
