Joe Biden Sets Lofty Goal for Electric Car Sales

Joe Biden Sets Lofty Goal for Electric Car Sales

( – On August 5, President Joe Biden issued an executive order strengthening American leadership regarding lean and efficient cars and trucks. According to the order, the Biden administration plans to “prioritize” triggering innovation and setting clear vehicle standards in hopes of leading the global effort to reduce carbon emissions. His head might be too high in the clouds, though.

Section one of Biden’s order calls for shifting 50% of all new light trucks and passenger cars into “zero-emission vehicles” by 2030. That would mean half the vehicles produced by American automakers would have to be battery-electric, fuel cell electric, or plug-in hybrid electric cars and trucks.

There is one catch: Biden lacks the authority to enforce the goal on automobile manufacturers. So far, the major ones seem to be on board with the plan. At least, that’s what they say.

On August 5, Ford and General Motors announced they would aim to have 40% to 50% of their US sales switched over to electric by 2030. Stellantis, the parent company of Chrysler, Dodge, Fiat, Jeep, Peugeot, Ram, and a few other European brands, agreed to the same timeline. The three companies have pledged to spend $30 billion on their global effort at electrifying new vehicles.

Interestingly, Biden is getting some criticism from environmental groups who say this new plan isn’t realistic because it relies on American automakers keeping their word. Time will tell.

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