On Wednesday, The Daily Caller posted an article about the Biden administration’s push toward electric vehicles.
The article reports:
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.
The article concludes:
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.
So why is the Biden administration pushing electric cars when the result of Americans buying electric cars would be to strengthen the Chinese economy and weaken the American economy? China not only has the manufacturing capability, it has the natural resources to make electric cars. Even it this is not a conscious effort to undermine the American economy, that will be the result of the administration’s push for all Americans to buy electric vehicles.