A group representing nearly all major automakers asked the Trump administration Tuesday to roll back aggressive vehicle emissions limits that seek to force the industry to build a rising number of electric vehicles.
The Alliance for Automotive Innovation, which represents General Motors (GM.N), Toyota Motor (7203.T), Volkswagen (VOWG.DE),, Hyundai (005380.KS), and other major automakers, said in a filing with the Environmental Protection Agency that legislation signed by President Donald Trump in June will increase the effective price of EVs and could lead to a near-term decline in EV market share.
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