It was stated that these actions will enable the United States to advance in the fight against the climate crisis with electric vehicles and establish a competitive advantage against China, and it was noted that Joe Biden will sign a decree aiming to increase the sales share of electric vehicles to 50 percent by 2030.
The decree will also initiate the process of developing long-term fuel efficiency and emissions standards to help consumers save money, reduce pollution, improve public health, promote environmental justice and fight against the climate crisis.
Automobile manufacturers also supported Biden‘s goal of increasing the sales share of electric vehicles to 50 percent. In the joint statement made by Ford, GM and Stellantis, it was emphasized that they are willing to increase the annual sales volume of electric vehicles in the USA to 40-50 percent by 2030.
“Our latest product, technology and investment disclosures highlight our collective commitment to be a leader in the US transition to electric vehicles.” the statement included.
Emphasizing that government incentives are necessary for the aforementioned target to be realized, it was stated that automakers are willing to work with the Biden Administration to enact policies that will make these ambitious targets possible.
United Auto Workers (UAW) President Ray Curry, on the other hand, underlined the need of investments in the USA, stating that USA fell behind Chinese and European manufacturers who spend billions of dollars to expand their markets and expand their production.