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Report Suggests Biden Administration Could Slow EV Transition

A recent New York Times report has revealed that the Biden administration may loosen some of its electrification plans. Citing three people familiar with the plan, the NYT report noted that the administration intends to relax its electrification plans as a concession to labor unions and automakers.

According to the report, the Biden administration will give automakers more time to ramp up electric vehicle sales rather than require them to accelerate the…

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