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Chris Wright: “We've had tens of billions of dollars of losses [in the car…”

Featuring: Chris Wright, Republican | Secretary of Energy | National

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Secretary of Energy Chris Wright talks gas prices, energy rates and cost-of-living worries

Published | Video Starts at 03:34

No, number one, the prices, they will go down, they will go down in the near future. But no, those policies, actually, the Biden administration policies to force Americans to buy EV almost bankrupted the American car industry. We've had tens of billions of dollars of losses [in the car industry] and forcing consumers to buy things they don't want. People want to buy electric vehicles. Fantastic. We're for consumer choice. Buy the car that you want, you will see efforts from us to help drive innovation and EVs. (03:34–03:40)

CLAIM

Asserts that there were significant financial losses in the car industry due to forced EV purchases.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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