5 Aug 21
News

Biden seeks to boost US EV sales through executive order

To cut greenhouse gas emissions and sustain national competitiveness, US President Joe Biden has signed an executive order which ensures that electric vehicles (EV) will represent half of all automobiles sold in the United States by 2030.

Approving the mandate on the White House South Lawn on Thursday (5 August), the president was joined by executives from Ford, General Motors, and Stellantis, as well as leaders from the United Auto Workers union and members of Congress. "There's no turning back" on the future of an electric auto industry, President Biden said during the ceremony.

The new legislation was agreed to on the condition that congress passes a speding bill that includes billions of dollars for a national network of electric vehicle charging stations, as well as tax credits to make it cheaper for companies to build the cars and consumers to buy them.

Parked in the backdrop during the signing ceremony were US-made EVs, including Jeep Wrangler Rubicon 4x4, Ford F-150 Lightning pickup, and Chevrolet Bolt compact hatch.

SPENDING BILL

Earlier this year, the president asked Congress for $174 billion in government spending to deploy a 500,000 charging station network and to boost the EV market. Considering the closely divided Congress, a much smaller bill of $7.5 billion - which also provides $73 billion to expand and update the electricity grid - is pending in the senate. Another bill could be passing through congress this fall.

Photo: US President Joseph Biden (copyright: Shutterstock)

 

Authored by: Daniel Bland