U.S. President Joe Biden will sign an executive order today aimed at making half of all new vehicles sold in 2030 zero-emissions vehicles and will propose new vehicle-emission rules to cut pollution through 2026, the White House said.
Biden’s goal, which is not legally binding, won the support of major U.S. and foreign automakers that warned it would require billions of dollars in government funding.
“We have got to act,” U.S. Transportation Secretary Pete Buttigieg said in a CNBC interview. “This goal of getting half of our new vehicles to be electric within the decade is going to be urgently needed for us to meet the imperative of climate in our time.”
General Motors, Ford Motor and Chrysler-parent Stellantis NV, in a joint statement, said they aspired “to achieve sales of 40 to 50 percent of annual U.S. volumes of electric vehicles … by 2030”
Click here to see the full report from David Shepardson in Rueters.
