Camila Domonoske
๐ค SpeakerAppearances Over Time
Podcast Appearances
And the data shows this is something that GM CEO Mary Barra was pointing out recently.
When people are in an EV, they very rarely switch back to gasoline.
And so that element of like the appeal of EVs to people who have driven them is actually something you hear about a lot from executives when they're thinking about why they can't, no matter what the policy is in the U.S., ignore this market.
I've heard the same argument from people who are thinking about this with billions of dollars on the line at their companies.
What the policy under Biden was really trying to do is to push the market to move faster than consumer demand alone was going to move.
And by faster, is that like making more cars?
Specifically selling more EVs than they would if it was just pure market demand.
So functionally, they would have to sell those EVs for less money, really push them, encourage them, advertise them.
And that's something that we've seen that policy go away under President Trump, which does mean in the near term, fewer cars.
full EVs than there would have been under the policy otherwise.
But what President Trump has done is not just change the policies to make them more achievable, but eliminate these emissions requirements altogether.
I will flag what this means near-term versus long-term is sort of an open question.
They have to be prepared for the possibility regulations could change again.
It has been whipsawing back and forth with every administration.
And they're also looking at staying competitive
globally with the rest of the world still having a real focus on evs with chinese automakers making very competitive evs these are things that you hear about a lot from the auto industry this fear about global competitiveness so they can't walk away and they won't walk away from from evs and cleaner vehicles altogether what's your favorite part of cars
I was actually going to say that my favorite part about cars is people.
That, like, car people are my favorite part of covering.
Why are people your favorite part of the car beat?