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Morgan Stanley predicts 1B EVs on the road by 2050
Bad news for ICE power train component makers, good news for battery makers, chip makers, and maybe harder for automakers to maintain branding differentiation and profits.
Morgan StanleyVoice: Auto Industry Braces For Electric Shock
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Automakers and Fuel Efficiency Standards
Source: Automakers Supporting Revision of Fuel Efficiency Standards | TheDetroitBureau.com
Automakers Supporting Revision of Fuel Efficiency Standards
Move comes despite public support for tougher mandates.
by Michael Strong on Oct.09, 2017
EPA Administrator Scott Pruitt reopened the review of tougher CAFE standards going into effect for 2025.
Automakers want federal regulators to revise fuel efficiency mandates because meeting the standard for 2025 of 54.5 mpg would be cost prohibitive and, perhaps more importantly, U.S. consumers do not care about the mandate anyway, according to two trade association groups representing automakers.
The revelation, which comes two months after automakers said they were onboard with the tougher rules, was unveiled in testimony submitted in advance of meetings being held by the Environmental Protection Agency and the...
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