Volvo reverses goal to make only EVs in 2030

European carmakers, including Volvo, Volkswagen, Ford, and Mercedes, are reevaluating their plans for an all-electric future due to market challenges like slow charging infrastructure rollouts, reduced government incentives, and tariffs on Chinese-made EVs.

A recent report reveals that 47 U.S. states fail to meet the ideal ratio of public chargers to electric vehicles (EVs), with only the District of Columbia, Vermont, Massachusetts, and Rhode Island achieving the optimal balance.

Italy is urging the European Union to reconsider its 2035 ban on internal combustion car sales, warning that it could lead to the collapse of its auto industry.

During a recent U.S. Department of Transportation meeting, significant safety concerns surrounding electric vehicle (EV) batteries were highlighted, including their potential to reignite after initial fires have been extinguished.

Ford said its EV business is on track to lose an eye-watering $5 billion this year alone. In the three-month period ending in June, the automaker lost about $44,000 on every electric vehicle it sold. That is not sustainable.

Ford’s recent decision to prioritize hybrid vehicles over a fully electric three-row SUV marks a significant challenge to the Biden-Harris administration’s aggressive push for electric vehicles (EVs). This shift signals doubts within the auto industry about the profitability and consumer demand for all-electric models, raising concerns about the feasibility of the administration’s mandates.

Congressional Republicans, led by Michigan Representative Tim Walberg, are pushing back against the Biden administration’s new Corporate Average Fuel Economy (CAFE) standards, which require automakers to achieve an average of 53.5 miles per gallon by 2032.

DFA’s campaign was featured today in Cleveland.com’s “Capitol Letter,” a daily newsletter covering Ohio politics. This acknowledgment underscores the growing relevance of DFA’s efforts to raise awareness about the potential job losses and economic consequences associated with the push for electric vehicles, particularly in a state where the specialty auto parts sector is a major economic contributor.