Auto Dealers Rally Against Biden's Electric Vehicle Mandate

A coalition of over 3,000 auto dealers across the United States has sent an open letter to President Biden, urging him to reconsider the aggressive electric vehicle (EV) push and tap the brakes on his administration's EV mandate. The dealers argue that current regulations are unrealistic and not aligned with customer demand, as EVs are stacking up on their lots due to slow sales. They highlight issues such as inadequate charging infrastructure, energy grid instability, and a lack of reliable mineral supplies for EV batteries. The dealers call for more time for battery technology to advance, affordability to improve, and consumer comfort with the technology to grow. They emphasize the need for a market-driven approach rather than government mandates. Gas-powered cars still dominate new car sales, and experts warn of national security risks associated with China's dominance in the global EV industry.