Posted 1/12/2024, 3:24:42 PM
Manchin Hits Biden EV Plan as 'Overly Aggressive,' Warning of China Reliance
- Manchin criticized Biden admin for cutting mineral sourcing rules for EVs, saying it violates the Inflation Reduction Act and relies too much on China
- Manchin said Biden admin's push for EVs and batteries is too aggressive and ahead of capabilities
- Biden aims for 50% of new auto sales to be EVs by 2030, but EV chargers are currently only at 12% of estimated need
- Congress has blocked some Biden EV proposals on emission standards and state EV sales efforts
- EV charging companies face struggles as customer interest drops due to higher costs and delayed EV deliveries