All posts tagged "Electric Cars"

WASHINGTON — A lobbying group for the oil and gas industry has launched a new television advertising campaign targeting the Biden administration’s promotion of electric vehicles in several battleground states. One ad from American Fuel and Petrochemical Manufacturers accuses Democratic President Joe Biden of “rushing to ban new gas-powered cars, no matter where you live or what you need.” “They want to force you into an electric vehicle,” the ad continues. Since he took office in 2021, Biden has been ambitious in setting targets for reducing emissions from vehicles with internal combustion eng......

New York (AFP) - The US transition to electric cars has hit a speed bump, with concerns about vehicle range and limited charging capacity adding to core affordability issues. Automakers in recent weeks have pushed back EV sales targets and delayed capital projects as they seek to reduce inventories of unsold EVs at dealerships. "The slowdown in EV sales is much more pronounced than it is for other categories of vehicles and that isn't related to the economy," said Neil Saunders, managing director of GlobalData. "The EV has a problem attached to it," he said. "It's a much more difficult and com......