The administration would give car manufacturers more time instead of requiring them to rapidly ramp up sales of electric vehicles over the next few years, the report said, adding that the new rule could be published by early spring. The shift would mean that EV sales would not need to rise sharply until after 2030.
Lummis-Gillibrand Responsible Financial Innovation Act lays out legal reform agenda across multiple regulatory regimes to clarify legal requirements for regulated entities to issue, trade, provide digital asset services. Bill has 69 pages with 10 impactful provisions.