WS #14849
Holding: newest synthesis is 9d 12h old
President Trump has approved new fuel economy standards that effectively end the Biden administration's EV mandate. This policy shift is expected to benefit traditional automakers and oil demand while pressuring pure-play EV manufacturers and battery suppliers like CATL, which faces potential removal from Chinese military lists as a counter-effect.
US EV Policy Shift
President Trump has approved new fuel economy standards that effectively end the Biden administration's EV mandate. This policy shift is expected to benefit traditional automakers and oil demand while pressuring pure-play EV manufacturers and battery suppliers like CATL, which faces potential removal from Chinese military lists as a counter-effect.