Biden administration considering EV switch delay due to weak demand

A victory for car buyers.

"The Biden administration is planning to give carmakers more time to ramp up sales of electric vehicles amid weak demand for EVs, according to a report by the New York Times.

The administration is planning to delay a requirement that auto companies quickly increase their sales of EVs in the next few years until after 2030, the Times reported citing people familiar with the White House's plan."

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