President Donald Trump has signed a measure that will override California’s electric vehicle mandate and prevent the state from compelling automakers to cut their greenhouse gas emissions at an accelerated rate. The move comes several weeks after the GOP Senate voted in favor of blocking California’s 2035 electric vehicle mandate and will deal a significant blow to the state’s electrification plans. Tesla, which is currently dealing with falling sales due to brand issues, will also be affected by President Trump’s recent announcement.
Other American startups like Mullen Automotive Inc. (NASDAQ: MULN) will now have to…
NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN
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