Why the target is on the table
Car makers have been pushing back against the ambitious target, and the government is now weighing the economic realities. The consideration comes as the industry grapples with production costs and infrastructure challenges. A cut to 50% would still be a substantial commitment, but it would give automakers more breathing room to meet demand without rushing the transition.
đź“Š Market Data Snapshot
24h Change
-0.50%
7d Change
-2.80%
Fear & Greed
29 Fear
Sentiment
đź”´ slightly bearish
The macro ripple
A slower transition to electric vehicles could keep oil demand higher for longer. That could feed into inflation, forcing central banks to maintain higher interest rates. For Bitcoin, which has increasingly traded as a macro-sensitive asset, that's a potential headwind. But the effect is indirect and likely to be overshadowed
