Electric vehicle sales: Biden’s goal won’t be too hard to reach by 2030
3 years, 4 months ago

Electric vehicle sales: Biden’s goal won’t be too hard to reach by 2030

CNN  

CNN — President Joe Biden announced an agreement Thursday that aims to push the US auto industry to sell more electric vehicles. The goals include a “shared aspiration” that 40% to 50% of vehicles sold in the US will be electric, plug-in hybrids or hydrogen-powered. Battery-powered vehicle sales, including both all-electric and plug-in hybrids, are expected to make up just 4.3% of all vehicles sold in the US this year, according to IHS Markit. Besides including increased spending on electric vehicle charging stations in a proposed infrastructure bill, the Biden administration also announced a commitment to purchase electric vehicles for government fleets. The term “electric vehicles,” as defined by the Biden administration, also includes plug-in hybrid models.

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