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New car prices are up 25 percent under Biden’s Presidency and they will likely increase further as Biden’s proposed auto efficiency standards will increase automakers’ production costs. In 2018, there were a dozen new car models that sold for less than $20,000, but in 2023, there was only one: the Mitsubishi Mirage, which accounted for about […]
On this episode of The Unregulated Podcast Tom Pyle and Mike McKenna discuss Vice-President Harris “finding” her voice, New York City’s war on independent restaurants and carry-outs, Ford’s latest deal with the federal government, and the latest on war against American car ownership. Links: NYC’s “Pizzagate” Fines for Soy Sauce Ford becomes a wholly owned […]
Ford Motor Co. recently announced plans to invest $3.5 billion to build an electric vehicle battery plant in Michigan with Chinese partner Contemporary Amperex Technology Limited (CATL)—the world’s number 1 maker of electric-car batteries with 13 factories in Europe and Asia. CATL would license technology to Ford to produce lithium iron phosphate (LFP) batteries and would provide […]
Automakers are raising prices on their electric vehicles due to rising commodity costs, specifically for key materials needed for EV batteries. According to the International Energy Agency, while battery costs have been declining for a decade, EV battery costs are expected to increase 14 percent this year to $150 per kilowatt hour. Another firm expects the […]
Last week, the U.S. Department of Transportation (DOT) released stricter fuel economy standards for automobiles, known as the Corporate Average Fuel Economy CAFE) Standards. The new CAFE standards require that the average new vehicle in the United States get 49 miles per gallon of gasoline by 2026. The new standards will require an increase in fuel efficiency […]
Executive order banning gasoline-powered vehicles not only a bad idea, but insulting to consumers WASHINGTON DC (September 23, 2020) –Thomas Pyle, President of the American Energy Alliance (AEA), issued the following statement in response to the executive order signed by California Governor Gavin Newsom that directs the California Air Resources Board to ban new gasoline-fueled vehicles […]
EPA Will Increase Gasoline Prices and Reduce Fuel Economy with Its Bid to Further Reduce Sulfur in Gasoline The U.S. Environmental Protection Agency (EPA) has decided that the sulfur content of gasoline must be further reduced from 30 parts per million to 10 parts per million on an annual average basis by January 1, […]
