Current Climate: Will Tesla And Other EV Makers Rise To Meet The EPA’s Challenge? by TheAlexKnapp, alanohnsman
old zero emission vehicle commitments have accelerated in recent years, from President Biden, automakers and state governments. But the U.S. Environmental Protection Agency’s newly proposed tailpipe emissions standards — the most ambitious in U.S. history — will shift the country’s electric vehicle market into high gear. It also
in the road: Will they support EPA’s proposal and double down on their ZEV commitments, or will they try to water down this historic proposal with lobbying and lawsuits?Hyundai Aims To Be A Top Three EV Maker By 2030, And It’s Investing $18 Billion To Get There South Korea’s Hyundai Motor Group—led by billionaire Euisun Chung—announced on Tuesday that the conglomerate will invest $18 billion into its domestic electric vehicle manufacturing business amid the country’s efforts to lead global EV production. The conglomerate—which includes Hyundai Motor, sister company Kia and auto-parts affiliate Hyundai Mobis—plans to become one of the world’s top three EV makers by 2030, expanding its domestic EV production to 1.
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