tradingkey.logo

Major automakers want Congress to bar California 2035 electric vehicle plan

ReutersApr 28, 2025 1:28 PM

By David Shepardson

- Major automakers want Congress to bar California's landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months.

The U.S. House of Representatives will vote later this week on legislation to repeal a waiver granted by the U.S. Environmental Protection Agency under former President Joe Biden in December allowing California to mandate at least 80% electric vehicles by 2035. The Alliance for Automotive Innovation, which represents General Motors GM.N, Toyota 7203.T , Volkswagen VOWG.DE, Hyundai 005380.KS and other major automakers said car companies could soon be "forced to substantially reduce the number of overall vehicles for sale to inflate their proportion of electric vehicles sales."

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI