• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Saturday, May 31
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

    May 29, 2025

    ‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

    May 29, 2025

    DeSantis Signs Bill Making Gold And Silver Legal Tender

    May 28, 2025

    John Deere Announces $20 Billion Plan To Build Up American Manufacturing

    May 28, 2025

    EV Startup Promised To Cut China Ties — Then Reportedly Shared US Data Anyway

    May 27, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»China Dominates EV Market As Biden Pushes To Phase Out Combustion Engine
Business

China Dominates EV Market As Biden Pushes To Phase Out Combustion Engine

April 19, 2023No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
U.S Vice President Joe Biden Visits China
Share
Facebook Twitter LinkedIn Pinterest Email

Chinese electric vehicle (EV) makers continue to grow faster than their European and U.S. competitors in 2023, even as the Biden administration pushes rules that could eventually end the sale of gas-powered vehicles, according to Semafor.

Chinese electric vehicle titan BYD has introduced its vehicles in Germany this year, while Chinese automakers outperformed foreign competitors in their domestic market, Semafor reported. While China continues to dominate both the supply chain for and sales of EVs, President Joe Biden’s Environmental Protection Agency (EPA) introduced its strictest ever proposed set of vehicle emissions rules on April 12, which the agency forecasts would lead to over two-thirds of all vehicles sold after 2032 being all-electric.

The new regulations would severely limit the sale of gas-powered vehicles, which critics allege is the administration’s first step toward a California-like ban on new gas-powered passenger cars, something that EPA Director Michael Regan denied in a statement. Myron Ebell, director of the Competitive Enterprise Institute’s Center for Energy and Environment, told the Daily Caller News Foundation at the time that the Biden administration is “trying to bend every federal rule they can find to force people into buying EVs.”

Similarly, the Biden EPA previously approved a set of California regulations that experts say would effectively result in a nationwide ban on new diesel-powered truck sales by 2035, since automakers would be unlikely to sell different models in both California and nationwide markets. The California regulations would essentially act as a “backdoor … for California that sets standards for the U.S.,” Dan Kish, senior fellow at the Institute for Energy Research, told the DCNF at the time.

See also  Stocks rally while Treasuries fall as US jobs data brightens outlook

The Chinese government “realized… that they would never overtake the U.S., Germany and Japanese legacy automakers on internal combustion engine innovation,” Tu Le, managing director of transportation consulting firm Sino Auto Insights, told MIT Technology Review in February. Thanks to a combination of significant subsidies — which were also available to foreign automakers like Elon Musk’s Tesla — and access to the critical mineral resources necessary to construct batteries, China was able to encourage the rapid development of its EV market, MIT Technology Review reported. (RELATED: Just 10 Electric Vehicles Will Qualify For Biden’s Signature Tax Credit)

America is not ready for a 100% electric vehicle takeover, and nor should it take this extreme measure.

The Biden Administration’s new EV requirement is a surrender to China. pic.twitter.com/Kc3TeAJukN

— Rep. Claudia Tenney (@RepTenney) April 16, 2023

China produced roughly 60% of rare earth minerals worldwide, and 60% of the world’s graphite supply, according to the International Energy Agency (IEA). In terms of refining, China processes 60% of all cobalt and lithium worldwide, in addition to 30% of global nickel and copper processing.

Domestically, Chinese firms gained significant ground against their foreign competitors in 2022, as Chinese consumers purchased more than 4 million all-electric vehicles in 2022, with BYD unseating German automaker Volkswagen as the nation’s top seller of EVs, according to The Wall Street Journal.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

See also  First-Term Democrat Rips Apart Republicans Over Biden Bribery Allegations

Biden China combustion Dominates Engine market Phase pushes
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Ice Cube Vows to Take On the Political, Hollywood, Media, and Sports Establishments with ‘F**k the Gatekeepers Tour’

June 29, 2023

‘Blind Side’ Inspiration Michael Oher Sues Family, Claims Adoption Was a Lie

August 15, 2023

Chile’s Codelco must kick-start lithium industry while reviving copper output

June 19, 2023

‘Regrettably’ Libs of TikTok Still on Platform

February 15, 2023
Don't Miss

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

Business May 29, 2025

Consumers’ Research issued a “Woke Alert” on Thursday warning American shoppers that three European companies…

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,136)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,645)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Philippine Lawmaker Demands Answers From Singapore Over Reported Taylor Swift Deal

February 29, 2024

Black patients with opioid addiction lack equal access to treatment

May 10, 2023

Berkshire Hathaway Reports $12.8 Billion Loss Amid Falling Investments

November 5, 2023
Popular Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.