CAFE standards are pushing the industry towards large wheelbase vehicles, which are not required to be nearly as efficient as small wheelbase vehicles. It costs money to make a vehicle more fuel efficient, and it costs money for an automaker to put a serious EV program into place (not just "here's one EV that can't compete with Tesla and China, which we will cancel in a year, please buy the SUVs instead").

Turning up that serious EV production requires a long term committment, long term investment, and a willingness to wait beyond the next two quarters for the return on that investment.