President Joseph R. Biden is expected to sign an executive order on Thursday that directs the United States auto industry towards producing more electric vehicles (EVs). With this announcement comes an ambitious goal by the Biden administration that "half of vehicles sold in the country by 2030 will be battery electric, fuel-cell electric or plug-in hybrid," according to a recent article by CNN Politics.
Biden will host members of the press during the signing of this order at the White House. Top executives from the auto industry are expected to be in attendance as well, all of whom have expressed support towards these aspirational green energy targets announced by the White House.
Image via CNN, April 2021.
His reasoning behind this, according to members of the Biden administration, is to take a stand against the inevitable consequences of climate change based on vehicle emissions and human activity. He also hopes this order will help better future environmental conditions in the world should we enact preventative measures now.
This new set of guidelines also includes a statement that by the year 2023, new cars in the United States must emit 10% less polluting emissions compared to the previous year, with further reductions of 5% per year mandated for the three years to follow.
This will require a huge shift in the car manufacturing industry with the President and his Administration now outspokenly supporting greener energy vehicles such as all-electric cars or hybrids more than gas-powered vehicles.
However, it would seem that many top executives are already on board and are ready to join the movement towards achieving environmental sustainability in this country.
Nilsen, Ella. 5 Aug. 2021. Biden announces new emissions standards, target that 50% of vehicles sold in US by 2030 are electric. CNN Politics.