Biden's EV Push Driving Up Auto Insurance Prices, Contributing to Inflation

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Economy أخبار

Biden,Electric Vehicles,Evs

The Biden administration's focus on electric vehicles is causing auto insurance rates to rise, leading to inflationary concerns. EVs are costly to repair, resulting in higher insurance costs. This is due to the administration's new environmental rule to phase out gas-powered vehicles.

The Biden administration's push for electric vehicles (EVs) is driving up the price of auto insurance, leading to inflationary woes. EVs are expensive to repair, causing auto insurance rates to increase.

This is a result of the administration's new environmental rule to eliminate gas-powered vehicles.

 

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