Biden’s electric vehicle sales goal won’t be too hard to reach by 2030

Biden’s electric vehicle sales goal won’t be too hard to reach by 2030

Thursday, August 5, 2021

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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