Makers of cars and trucks sold in the United States are in a state of high anxiety, with two looming regulatory proposals aimed at forcing a rapid transition to electric vehicles.
The EPA’s strict new emission limits proposed in April have generated heavy pushback from the auto industry, as well as from congressional Republicans and even some Democrats concerned about the possible impacts on a huge sector of the economy.
At the same time, automakers are waiting for a Transportation Department agency to issue new fuel economy standards for the light-vehicle fleets they sell in model year 2027 and beyond.