Electric Vehicles (EVs)

Hertz took a $245 million charge from offloading the EVs and posted a bigger-than-expected loss of $348 million in the fourth quarter.

Almost 73 percent believe EV drivers should pay vehicle registration fees to recover the lost fuel taxes they do not pay.

The Biden administration wants to block any gain China may receive from Washington’s EV push, which itself seems to face trouble.

A bill has been passed in the House to block the Biden administration’s proposed 2032 EV mandate.

Due to Beijing’s unfair policies, Chinese EVs might soon flood the US market, hurting American automakers and workers.

The transportation secretary said the Biden administration seeks to outpace China in the ‘EV Revolution.’

Packed away in the Inflation Reduction Act was funding for President Biden’s energy agenda, with $369 billion for green energy. Electric vehicles face issues, reliant on China and facing charging limitations in US cities. Joining us is David Blackmon, an energy expert with 40 years of industry experience.

Americans remain hesitant to buy electric vehicles as inventories pile up in car dealerships across the country.