The Trump administration is battling California over its strict fuel standards. Regardless of who ends up winning, automakers are likely to keep increasing fuel standards.
Automakers are deciding whether to choose stricter emissions standards set by California, or a regulatory “freeze” proposed by the Trump administration.
Ford, BMW, Honda and Volkswagen are parties to the deal with the California Air Resources Board, which apparently is designed to pressure the administration and the rest of the auto industry into joining or reaching a compromise.
The two automakers will become equal owners of Argo AI, a robocar firm that was majority-owned by Ford, with plans to put autonomous vehicles on the roads in the U.S. and Europe.