Subject: Biden's new EV rules
...are set to take place in a few years. Clearly, there is a winner here. China.

https://www.msn.com/en-us/news...

he Biden administration on Wednesday published a rule that’s expected to drive a significant shift from gas-powered to electric vehicle (EV) sales.

For consumers, this is expected to mean more available and affordable EVs. Some analysts say it could also have the opposite effect on gas-powered cars, making them pricier and less available.

Right off the bat, we're getting into speculation. The average price an EV today is $53k according to Kelly Blue Book (https://www.kbb.com/car-advice....)

which is $5k more than a gas powered car. I realize some of you love your Teslas, but until and unless battery technology moves into the solid state realm they will be a no-sale for me.

The Biden administration said the rule issued Wednesday could result in just 29 percent of the new car market remaining gas-powered in 2032. In the administration’s lowest-cost scenario, it estimated by that year, 56 percent of vehicles would be battery electric, 13 percent would be plug-in hybrids and 3 percent would be other hybrids.

Yuck.