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- EPA's aggressive EV requirements are likely to ease up, according to reports.
- Automakers wouldn't have to reach 60% EV production by 2030 under revised rules.
- EV demand has softened significantly in the past six months.
President Joe Biden's aggressive electric vehicle requirements are likely to ease up ahead of the 2024 presidential election, according to reports.
Last spring, just before electric vehicle demand began to soften, the EPA proposed a 56% reduction in new vehicle emissions by 2032, with automakers expected to aim for EVs to make up 60% of new vehicle production by 2030.