On Thursday, Joe Biden, the President of America, signed an executive order setting a voluntary goal for fifty percent of all new vehicles sold in the United States by 2030 to be electric, fuel-cell electric, and plug-in hybrid electric vehicles. Biden administration took a step toward his aim of slashing greenhouse gas emissions and proposed new “vehicle emissions standards” that would cut pollution through 2026, starting with a ten percent strictness increase in 2023.
The actions are part of Joe Biden’s more comprehensive plan to battle climate change, in this matter, by targeting emissions from vehicles like trucks and cars while performing to make America an industry leader as China moves to lead the EV market.
Tune in as I deliver remarks on the steps we’re taking to strengthen American leadership on clean cars and trucks and create good paying, union jobs. https://t.co/6UOyzItVJm
— President Biden (@POTUS) August 5, 2021
In a joint statement, General Motors, Chrysler parent Stellantis NV, and Ford Motor said that they strongly desire to have electric vehicles make up 40 to 50 percent of new sales by 2030. Tetsuo “Ted” Ogawa, CEO of Toyota’s North America, said that his company would “do our part.”
The U.S. President told media at the White House that the significant thing that is happening there is “a realization,” on the part of labor and business then, that this’s the future. But, moreover, they cannot sit by.
The fifty percent aim, which isn’t lawfully binding, earned the support of the United States and foreign auto manufacturers, which stated that attaining it would need billions of dollars in government spending.
Biden Called For Billion-Dollar Government Spending To Boost EVs
The U.S. leader has frequently resisted calls from several Demos to set binding need for electric vehicle adoption or to follow California and some nations in setting 2035 as a date to phase out the new gasoline-powered light-duty automobile’s sale in the face of opposition by the United Auto Workers union.
Furthermore, Ray Curry, UAW President, who attended the event, noted the electric vehicle goal but stated the UAW union was focused on preserving the benefits and wages that have been the heart and soul of the U.S. middle class.
After signing the order on the White House South Lawn, President Biden jumped into a waiting Jeep EV, which he proceeded to drive fastly around the grounds.
Elon Musk, CEO of Electric car company Tesla, said on Twitter, seems odd that Tesla Inc was not invited. However, Jen Psaki, the White House Press Secretary, said she’d let everyone draw his own conclusion when asked whether the White House didn’t invite CEO Tesla because Tesla isn’t a union shop.
Moreover, Hyundai said that it supports the 2030 forty-fifty percent electric vehicles sale goal, while Nissan stated it has a mark that over forty percent of its United States vehicle sales by the target year be electric.
Mr. Biden has called for 0.174 trillion dollars in government funding to boost electric vehicles, including a hundred billion dollars in consumer incentives. A two-party Senate infrastructure spending bill includes 7.5 Bn dollars for EV-charging stations.