Fox News White House correspondent Peter Doocy has the latest on the controversial new rule on 'Special Report.'

The EPA finalized its tailpipe rule today, which aims for a fleetwide emissions standard target of roughly 57 miles per gallon. The proposal estimates that electric vehicles (EV) would account for 67% of all new light-duty vehicle sales and 46% of new medium-duty vehicle sales by 2032.

It is as if the Biden administration has failed to read between the lines or is completely tone-deaf. The majority of Americans are not exactly jumping on the EV bandwagon, and the last several months have been proof positive of that fact. Just look to the car industry.

Ford Motor Company, one of the top auto manufacturers, lost $32,000 per EV and closed out 2023 with close to $5 billion lost on their EV division. It announced in January that it was slashing its F-150 Lightning truck production in half on account of softened EV sales.

MAINE REJECTS SWEEPING ELECTRIC VEHICLE MANDATE IN BLOW TO GOVERNOR'S CLIMATE AGENDA

Other companies, like General Motors, Mercedes-Benz, Volkswagen, Jaguar and Land Rover are also scaling back production levels. Even Tesla, the reigning king of EVs, is expecting growth to slow and is adjusting its manufacturing accordingly.

Lawrence Ziehr, project manager for energy recovery on GM's electric vehicles, connects a Hummer EV to a charging station, Wednesday, Feb. 22, 2023, in Sault Ste. Marie, Mich. Some automakers and drivers fear lower battery range in the cold could limit........

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