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| Name | Get Ready For Higher Car Prices Under New Government Regulations! |
| Video Uploader | Video From Car Coach Reports |
| Upload Date | This Video Uploaded At 22-03-2024 09:15:00 |
| Video Discription | The government has finalized a list of new environmental regulations of that they are calling curbing gas-powered vehicle tailpipe emissions as part of its broader efforts to reduce greenhouse gas emissions and combat global warming. Sounds wonderful but how does this impact you, car prices and the economy. It may surprise you. The EPA’s finalized rule is a watered-down version compared to the original proposal that would eliminate gas powered cars by 2030. While the EPA will still seek for EVs to make up 67% of new car sales by 2032, it will allow automakers to do so using other mixes of vehicles, including plug-in hybrids, strong hybrids, and improved internal combustion engine vehicles, in addition to pure battery electric vehicles. You may think this is a win, but actually it isn’t because what they’re going to do is put additional regulations on three-quarter ton and 1 ton trucks. There’s going to be an impact there when it comes to literally everything you do and everything you buy. Beyond that the push continues for electric vehicles which uses 1/3 less employees to manufacture. Which means the UAW just made a wonderful agreement for their employees except 1/3 or more of them will be no longer needed to build cars. So it’s going to hurt the unions and it’s going to hurt the economy and it’s going to hurt consumers and it’s going to hurt you. This also means that car prices are going to get more expensive as more regulations are in place. Remember, they passed an infrastructure bill from 2021, section 24–220 the kill switch law which must be installed in every new vehicle, which means vehicles are going to get more expensive because somebody’s going to pay for that technology. Mandating vehicles that get better fuel economy also means they need to be lighter, no spare tires, more standard safety features, and more government regulations which equals you’re going to pay a lot more for your vehicles and that doesn’t mean just electric cars that means all vehicles are going to get way more expensive. Senate Republicans are introducing a disapproval resolution to overturn the Biden administration’s standards for reducing tailpipe emissions for new vehicles. Sens. Pete Ricketts of Nebraska and Dan Sullivan of Alaska, both members of the Environment and Public Works Committee, are introducing two separate disapproval resolutions that would overturn the finalized rule, which would create further restrictions on new vehicle emissions. The pair called the standards “delusional,” and deemed them an electric vehicle mandate that would make it harder for consumers to buy and maintain cars. This is the Biden administration’s attempt to get rid of the internal-combustion engines without congressional authority. The senators said in a statement. “Congress must take action to keep vehicle costs down, protect our free-market economy, and defend consumer choice. We can’t allow Biden to make us more reliant on foreign adversaries like China who control the critical minerals needed for electric vehicles.” The new rule regulates tailpipe emissions for light and medium-duty vehicles, while another rule regulating heavy-duty vehicles will be introduced at a later time. This will impact work trucks and increase the costs to companies and independent small businesses. Only 8% of cars are electric. In eight years, the new regulation would mandate that 67% of cars to be electric, at what cost. This takes away your choices. Consumers deserve to decide what type of vehicle works best for them. The Federal government is making decisions for you for their own agenda not for what you want. Thanks for watching! ** Go to our partner https://trymintmobile.com/laurenfix to get premium wireless for as low as $15 a month. Special offer: New customers can get any plan for $15/month. New activation and upfront payment of $45 for 3 mo. service required. Taxes & fees extra. Unlimited plans using more than 40GB/mo. will experience lower speeds with video streams at ~480p. Restrictions apply. See trymintmobile.com for more details. ** ➡️ Looking for more automotive news? Go to our second channel: https://youtube.com/@car-smarts ➡️ Buy me a cup of coffee: https://www.buymeacoffee.com/laurenfix ➡️ Listen to the Total Car Score Podcast with Lauren Fix, Karl Brauer, and Javier Mota on all platforms: https://www.revolverpodcasts.com/shows/total-car-score/ ➡️ Social media: X: https://twitter.com/laurenfix FB: https://www.facebook.com/Lauren.Fix.The.Car.Coach IG: https://www.instagram.com/laurenfix/ Gettr: https://gettr.com/user/laurenfix Rumble: https://rumble.com/c/c-625957 Gab: https://gab.com/LaurenFix Truth: https://truthsocial.com/@laurenfix ➡️ Check out our website for more: https://www.CarCoachReports.com ➡️ Get My Book: Lauren Fix's Guide to Loving Your Car: https://amzn.to/3ifDi3j Music License: Epidemic Sound ©Automotive Aspects, Inc., 2024. All Rights Reserved. |
| Category | Autos & Vehicles |
| Tags | Lauren Fix | car coach reports | Car Coach | Car Smarts | car expert | news | government regulations | electric vehicles | car prices | emissions | plug-in hybrids | automakers | epa rule | global warming | ev mandate | vehicle costs | biden administration | vehicle emissions | car news | car market | car advice | coryxkenshin | yahoo finance | environmental regulations | electric cars | new car prices | environmental impact | car market crash | ev news today | ev news | breaking news | used cars | ev |
