President Trump attacks Ford for not supporting his rollback of Obama-era climate change protections; Ford defends 'regulatory stability while reducing CO2.'
was that it would result in more highway deaths by lowering the cost of fuel and thus encouraging Americans to drive more.
Ford and the three other automakers appeared to have found a happy middle ground in the deal they have worked out with California. A significant part of that agreement will see the carmakers move ahead on plans to bring electric vehicles to market. Ford, for one, has committed more than $11 billion to the development of battery-based cars and recently announced a deal to share an all-electric platform developed by erstwhile rival Volkswagen.
For its part, Ford defended its decision to join the California deal, saying, “This agreement with California provides regulatory stability while reducing CO2 more than complying with two different standards,” in a statement. California isn’t the only state that has tried to reach a deal with the auto industry. Late last month Colorado reached a deal with key manufacturers that will see the state adopt California’s zero-emission vehicle rules.
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