US President Joe Biden is now giving more breathing room for the electric vehicle industry as it intends to relax tailpipe emissions limit to encourage more Americans to shift to EVs.
Citing people familiar with the plan, the New York Times reported that the administration will be giving car manufacturers more time to increase EV sales until 2030.
The new mandate is expected to be finalized by "early Spring."
So far, several businesses agreed over the slowdown to prepare for the massive undertaking in the next three to four years. The administration earlier indicated that massive transitions will start by 2027.
White House Pushes Major Tailpipe Emissions by 2032
The White House has been previously reported to impose dramatic tailpipe emissions as soon as March to reach the 67% EV market share in the US by 2032.
EVs currently occupied only 8% of the car retails last year, causing dealers and manufacturers to urge the Biden administration to slow down the proposed "emission-free" ramp-up.
The report comes in as sales for electric cars hit a plateau in the first quarter of the year.
Car Dealers, Manufacturers Cry of Costs in EV Making
One of the main concerns of car dealers and manufacturers is the high costs needed to create an EV in the industry's current state.
As of writing, many EV manufacturers in the US have to import the batteries and other materials required due to the lack of facilities and factories able to provide the parts.
The Biden administration has since proposed more than $15 billion to help prepare the industry and manufacturers for the transition but have face pushback from lawmakers and other businesses.
It is worth noting that the push to eliminate carbon emissions in the US is part of the achievements Biden tout for his presidential reelection campaign this coming November.
