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Hi, everybody. Welcome to Shift, a podcast about mobility. I'm Pete Bigelow, your host and reporter

of the automotive news. Our guest on the podcast today is Jeff Schuster, Vice President of

Automotive Research at Global Data. My colleague Hannah Lutz caught up with Jeff this week and talked about

the topic that's on everybody's mind, which is, of course, the future of electric vehicles in

the United States, given the apparent political headwinds. But first, Hannah joins me for a look

at this week's headlines. Hannah, how are you today? Hi, Pete. I'm doing well. How about you?

Doing terrific. It's obviously been another busy week on the AV and EV front. So I have a lot of

questions for you. All right. I'm ready. Let's see what I can answer. All right. I know you've

written a lot this week about the electrification push in the United States

and what comes next under the incoming Trump administration. So first off, how are automakers

reacting? How are they game planning in the wake of the election? Well, the general theme so far,

what we've heard from the incoming Trump administration is that there will be less

regulation overall. And the auto industry has really been guided by these rules in the last

couple of years at least that are designed to curb carbon emissions. So they've planned for EVs and

hybrids to some extent to help reach these really tough carbon emission reduction goals.

So now a lot of that is up in the air, like the EPA vehicle emission standard, California's

ambitious carbon reduction goal, and the future of the manufacturing and consumer incentives

that are part of the Inflation Reduction Act. All of those things really

point toward an EV future, a difficult EV future. These are targets that the automakers were

...