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Thursday, 05 August 2021 17:59

White House Sets 50% Electrified Vehicle Sales Target For 2030

Written by Dan Mihalascu, Inside EVs

Index

...metric tons of carbon pollution. For the average consumer, these would translate into net benefits of up to $900 over the life of the vehicle in fuel savings.

 

For the U.S. auto industry, these new actions are tipped to strengthen American leadership in clean cars and trucks, bolster the domestic supply chain and grow auto jobs “with good pay and benefits.”

 

The president was to be joined at the signing Aug. 5 by FordGM and Stellantis representatives, with the Big Three supporting the White House’s plan and acknowledging the need to invest in and grow good-paying union jobs in the U.S.

 

The government argues despite pioneering the technology, the U.S. is behind in the race to manufacture EVs and the batteries that go in them. For example, the U.S. market share of electric vehicle sales is only one-third that of the Chinese electric vehicle market.

 

Some of the key investments outlined by the U.S. government’s plan:

 

  • Installing the first-ever national network of electric vehicle charging stations.
  • Delivering point-of-sale consumer incentives to spur U.S. manufacturing and union jobs.
  • Financing the retooling and expansion of the full domestic manufacturing supply chain.
  • Innovating the next generation of clean technologies to maintain our competitive edge.

 

According to the White House, all these measures will put the U.S. on track to reduce greenhouse gas emissions from new passenger vehicle sales by more than 60% in 2030 compared to vehicles sold last year.

 

We thank InsideEvs for reprint permission.

 

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