by JL Yastine
The Sovereign Investor
When it comes to electric vehicles (EV), there’s probably no worse an epithet than this one: “compliance car.”
That’s the name auto insiders started applying a few years ago to the EVs now for sale by the major automakers in the United States. And why?
Because of your not-so-friendly regulators over at the Environmental Protection Agency (EPA) and the California Air Resources Board (CARB). In fact, these very regulations are going to have a significant impact on automakers during the next several years…
You see, automakers are stuck between a rock and a hard place. They have a couple of big deadlines to meet: