"New EPA Rules to Accelerate Transition to Electric Vehicles Under Biden Administration"

The Biden administration has announced new regulations aimed at phasing out gas-powered cars by requiring automakers to produce more electric vehicles and hybrids, with the goal of making the majority of new vehicles sold in the United States all-electric or hybrids by 2032. The regulations, issued by the Environmental Protection Agency, would gradually tighten limits on tailpipe pollution, with the aim of cutting carbon emissions and improving air quality, while also creating economic benefits and jobs.