News Analysis
A recent proposal by the Environmental Protection Agency (EPA) could be a shot in the arm for traditional automakers, who have been heavily impacted by climate regulations and tariffs. At the same time, it could push electric vehicle (EV) makers to compete on product, price, and experience rather than policy, potentially benefiting both sides, according to some experts.
On July 29, the EPA released a proposal to rescind the 2009 Endangerment Finding, which regulates greenhouse gas emissions from vehicles and trucks and provides the legal foundation (stemming from a U.S. Supreme Court decision in 2009) for many climate-related regulations.
The EPA stated that climate regulations have created significant uncertainty and imposed substantial costs on the traditional manufacturing industry, limiting affordable car options for American consumers….