Reshoring Chip Production Lowering Car Costs, but EV Mandates Driving Them Back Up: Expert

Kevin Hogan
By Kevin Hogan
August 30, 2024NTD Good Morning
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The auto industry is recovering, but it’s still hard for Americans to own a car because they’re simply so expensive.

NTD speaks to Lauren Fix, an automotive expert for Car Coach Reports, who says bringing microchip production back to the United States in the post-pandemic era is helping to lower car costs, but government requirements on the number of electric vehicles (EVs) are driving those costs up.