home about categories posts news
discussions archive recommendations faq contacts

Auto Executives Seek Relief from Aggressive EV Mandates Amid Slowing Demand

December 6, 2024 - 13:12

Auto Executives Seek Relief from Aggressive EV Mandates Amid Slowing Demand

Leaders in the automotive industry, particularly from major companies like Nissan and Toyota, are expressing concerns over stringent electric vehicle (EV) mandates set by various states. They argue that the current timelines for transitioning to electric vehicles are overly ambitious, given the recent slowdown in consumer demand for EVs. These executives are advocating for a more measured approach to the transition, highlighting the need for flexibility in regulations.

In their discussions, they are reportedly looking towards political figures, including former President Donald Trump, for support in easing these mandates. They believe that a shift in policy could provide the necessary breathing room for automakers to adapt to changing market conditions and consumer preferences. The executives warn that without this intervention, the industry may struggle to meet the ambitious targets set forth by state governments, potentially jeopardizing the future of the EV market and the broader automotive sector.


MORE NEWS

Wharton Introduces Innovative MBA Specialization in Artificial Intelligence for Business

April 3, 2025 - 19:40

Wharton Introduces Innovative MBA Specialization in Artificial Intelligence for Business

In a groundbreaking move, Wharton has become the first among the elite M7 business schools to unveil a specialized MBA program focused on Artificial Intelligence (AI) for business applications....

Navigating the EU Omnibus Package: A Guide for Businesses

April 3, 2025 - 16:58

Navigating the EU Omnibus Package: A Guide for Businesses

In response to the recent EU Omnibus package, businesses are presented with an opportunity to enhance their data management and sustainability reporting through innovative solutions. The Omnibus...

Understanding the Impact of New Tariffs on Small Businesses

April 3, 2025 - 05:02

Understanding the Impact of New Tariffs on Small Businesses

While the announcement of tariffs on foreign-made products came as no surprise, the specifics regarding the amounts and the countries affected have sparked considerable discussion among small...

Discovering the Hidden Gem: Why Croatia Stole My Heart

April 3, 2025 - 04:47

Discovering the Hidden Gem: Why Croatia Stole My Heart

After an adventurous year of solo travel across 26 countries, one destination emerged as my favorite: Croatia. While I initially hesitated to include it in my itinerary, my experience there...

read all news
home categories posts about news

Copyright © 2025 Capfon.com

Founded by: Matthew Scott

discussions archive recommendations faq contacts
terms of use privacy policy cookie policy