Biden to propose tough rules on car pollution to spur EVs, Bloomberg says

The President is soon to enact some of the most prohibitive sanctions on auto emissions in the U.S, according to Bloomberg’s Jennifer A Dlouhy. "The plan is part of a multipronged Biden administration strategy to clamp down on planet-warming pollution from transportation and electricity, taking advantage of hundreds of billions of dollars of clean energy incentives under the Inflation Reduction Act," noted Bloomberg. Companies that may be impacted include Tesla (TSLA); Li (LI), Lucid (LCID), Rivian (RIVN), Nio (NIO), General Motors (GM) and Ford (F). Reference Link