Buttigieg: Industry ‘Moving Towards EVs’ But We Can’t Let ‘Economically Smart Play’ ‘Happen on Its Own Pace’

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Source of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.

On Tuesday’s broadcast of the Fox News Channel’s “America Reports,” Transportation Secretary Pete Buttigieg stated that “the automotive sector is moving towards EVs” and China pushed for an advantage in the EV market “because that’s the economically smart play” but “we can’t just sit back and let this happen on its own pace” because there’s a competition between the U.S. and China.

Co-host John Roberts asked, “Tesla sales fell 8.5% the first quarter of this year, Ford, this week, is laying off two-thirds of its workforce at the F-150 electric Lightning plant, it’s also scaling back a battery production facility because of sagging sales. EV sales are nowhere near what this president wanted or expected. Yet, the administration continues to shove them down consumers’ throats.

Buttigieg responded, “Well, let’s be clear, consumers have wanted and purchased more EVs every single year than the year before. And Tesla is facing more competition as GM and Ford and Stellantis and other competitive players start to make sure they get a piece of the EV market. Let’s be clear that the automotive sector is moving towards EVs, and we can’t pretend otherwise.

He added that the EV push is “not premature, because more Americans, every single year, choose electric than the year before. And if you look at the surveys, it is extremely rare for anybody who has gone electric to want to go back to the old gas car technology. Now, look, to be clear, it’s not for everybody, and it’s not happening overnight. Our goal is, by the end of this decade, we’re about half and half with new car sales.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 610. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buttigieg insists automobile market is moving toward electric vehiclesThe statement from Buttigieg comes after Tesla's quarterly deliveries declined for the first time in almost four years.
Source: dcexaminer - 🏆 6. / 94 Read more »

Expert Claims Push for Electric Vehicles Will Destroy U.S. Auto IndustryAn auto industry expert criticizes the move towards electric vehicles in the United States, arguing that it will destroy the industry and benefit China.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Pressure on Boeing grows as Buttigieg says the company needs to cooperate with investigationsTransportation Secretary Pete Buttigieg is turning up the heat on Boeing. Buttigieg said Monday that with the aircraft maker facing multiple government investigations, it needs to make “a serious transformation” around its safety and manufacturing quality.
Source: AP - 🏆 728. / 51 Read more »