Biden considering cracking down on gas cars after stripping EVs of tax credits

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Biden considering cracking down on gas cars after stripping EVs of tax credits
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The Biden administration is reportedly set to unveil regulations next week that would represent the tightest restrictions on tailpipe emissions ever introduced.

for Americans to more quickly adopt EVs, traditional gas-powered cars represented 93% of all new car sales in 2022, according to a recent report from the Alliance for Automotive Innovation. And EVs remain far more expensive and less efficient than alternatives.

Environmental Protection Agency Administrator Michael Regan speaks to reporters in East Palestine, Ohio, in March. "NHTSA’s new fuel economy standards will only add to the cost of new cars, depriving people of safe, affordable vehicles, at a time when they are already struggling," said Rep. Cathy McMorris Rodgers, R-Wash., the current chair of the Energy and Commerce Committee.

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