More Electric Vehicles: Automakers Prepare For Potential Biden Win

“WASHINGTON/NEW YORK – Automakers are gearing up for tough new vehicle emissions rules and policies favoring electric vehicles if Democratic presidential candidate Joe Biden wins the White House.

Biden and U.S. President Donald Trump both need the votes of auto workers in Midwestern swing states such as Michigan and Ohio, and both say they want automakers to create more auto jobs in the United States, rather than Mexico or China.

From there, Trump’s and Biden’s policies for autos and transportation diverge, presenting automakers with very different sets of risks and rewards.

If elected, Biden is expected to quickly reinstate the legal basis for California’s zero-emission vehicle rules and begin the process of reversing the Trump administration’s decision to ease fuel efficiency and carbon emission requirements through 2025.”

David Shepardson and Tina Bellon report for Reuters October 20, 2020.