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.
This will be a challenge, some experts say, but isn’t really as hard as it might seem. 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.
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