Regulation

Mark Mills: Biden’s EV push puts auto industry at high risk of bankruptcy

Northwestern University Faculty Fellow Mark Mills weighs in on the likelihood of automobile companies seeking a bailout as a result of the Biden administration’s electric vehicle mandate. “We’ve had two bailout periods in modern history for the auto industry. Third time might not happen again," Mills says. “To say it would be a shame understates the tragedy of the loss of one or more of the major industries of America to ill-advised policies. I think it’s very, very high risk.”

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