EPA Clean Cars Rule Charts Auto Industry Transformation
Dan Anziska, a partner with Troutman Pepper, was quoted in the March 22, 2024 Law360 article, " EPA Clean Cars Rule Charts Auto Industry Transformation."
"The administration stuck to their guns. The final rules pushed back some of the most onerous requirements until 2030-32, the end of the implementation period, but there was enormous pressure to liberalize the final rules in a way that did not happen," Troutman Pepper Hamilton Sanders LLP partner Dan Anziska said. "This accepts there will be a mix of gas-powered, hybrid and pure EVs over the next decade. But to comply, OEMs [original-equipment manufacturers] will need to majorly ramp up EV production."
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"There are more announced projects, and OEMs are making massive investments in batteries and supply chains, but there is little give on the timeline — everything needs to work correctly to move production over here from Asia," said Anziska of Troutman Pepper, who added that increased private investment — along with robust government grants and loan programs under both the Bipartisan Infrastructure Law and the Inflation Reduction Act — are "moving the needle."