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Energy

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Biden ev

Nearly 4,000 dealerships say Biden’s ‘unrealistic’ mandates are filling lots with unsold EVs

Besides costs, the dealers said customers are concerned about charging access, loss of range in hot and cold weather, and not having enough charge for long daily commutes.

Energy

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Ford Lightning

Ford scales back all-electric F-150 Lightning production in response to weak customer demand

Nearly 4,000 dealerships wrote President Joe Biden in November to say they were struggling to sell the EVs on their lots.

Energy

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Electric vehicle charging, Toronto, Canada, June 16, 2022

Survey of dealerships finds that majority are doubtful about the future of electric vehicles

“Those numbers are troubling on the surface but when you consider the brands our respondents represent, it might be even more distressing,” the report stated,

Energy

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Electric vehicle, July 23, 2023, Washington, D.C.

DC adopts California's electric vehicle mandate

Under the rules, dealerships within the district will be required to sell only zero-emissions vehicles beginning in 2035.

Energy

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EV charging, Virginia

Newest vehicle emission standards rattling car dealers amid slumping demand

By January, with no response from the Biden administration – and their numbers growing to over 5,000 dealerships – a second letter was sent urging the president to “slam the brakes.”

From the States

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electric car

Ohio pushes ahead with electric vehicle charging stations

Despite the growing dealership inventory and less than 1% of the total vehicle registrations in the state being electric, Ohio continues to move forward with charging station construction.

Energy

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Joe Biden, Sept. 14, 2022, Detroit, Mich.

Biden administration to relax electric vehicle mandate deadlines through the end of the decade

Auto manufacturers will be required to increase the percentage of electric vehicles they sell gradually through 2030, and the mandates would sharply rise thereafter.

Energy

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Big Cars

Consumers love larger vehicles, which may be another reason they aren’t buying mandated EV's

Half of all new car sales across the globe in 2022 were small and large SUVs. The electric versions of these vehicles are expensive and have limited towing range, which dealerships say are a turn-off for car buyers.

Energy

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Ford Lightning

Half of Ford and Buick dealers balk at investing in EVs, citing high costs, underperforming sales

Experts say that automakers and the federal government grossly overestimated consumer interest in the vehicles. “The government can’t really dictate everything it wants to dictate to the market. Seems to me we have to learn this lesson in the United States every 10 to 20 years," said energy writer and analyst David Blackmon.

Energy

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Gasoline pump, Lynnfield, Mass., July 19, 2022

Global gasoline consumption high record highs in 2023, despite predictions EVs would lower demand

The IEA predicted in June that a pivot toward “lower emission sources” as a result of the global energy crisis, as well as growth in electric vehicle sales, would initiate a decline in gasoline consumption in 2024.

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