What he did was move them (much) closer to regulatory capture. The first step is to eliminate the internal combustion engine, and then, since electric vehicles, by reasonable measure, are more "climate damaging" than that gasoline powered, that will become the next target. The goal, of course, is to do away with personal transportation entirely, and force everyone to use mass transit.
You are hilarious....how did the loan move the towards "regulatory capture"? I'm always amazed at your ability to invent new phrases to describe things and then just blow past any coherent description of what you just said...
So what regulations are about to eliminate the internal combustion engine? How would chapter 7 for GM have helped keep gas engines in demand or at least out of that dreaded "regulatory captivity"?
Your conspiracy theory is pretty amusing, especially as Biden's plan to improve highways and bridges moves forward.