Category: fox-business/industries/utilities

Utilities experts speak on nation’s ability to accommodate wider EV adoption: ‘Doesn’t just happen magically’

Last month, the Biden administration finalized highly-anticipated environmental regulations that are ultimately intended to incentivize wider adoption of electric vehicles (EV).  The aggressive emissions standards for gas-powered vehicles are meant to compel automakers to increase production and sales of EVs, plug-in hybrids, traditional hybrids and fuel cell vehicles.  Under one “low cost” model outlined by the Environmental Protection Agency (EPA), officials said automakers would be…