Biden Wants Automakers To Meet 40% EV Goal By 2030

Industry News / 16 Comments

Some automakers are much closer to achieving this than others.

In the automotive industry, every manufacturer operates according to their own timelines for when it chooses to enter new segments or introduce new technologies. BMW resisted turbocharging and downsizing for as long as it could, Porsche entered the full-size luxury sedan segment decades after its German rivals with the Panamera, and Honda launched its first EV ages before Japanese rival Mazda did. While Honda aims to sell only EVs by 2040, Volkswagen hopes to electrify half its lineup by 2030. Basically, it's exceedingly difficult to align the timelines of manufacturers with different priorities, resources, and model lines, but the White House seems to be chasing exactly that goal by having all automakers pledge that 40 percent or more of their vehicles will be electric by 2030.

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According to Automotive News, UAW spokesman Brian Rothenberg confirmed that the union was in talks with the White House and automakers to potentially establish a common sales target. However, no target has yet been agreed on and General Motors confirmed this. The talks are said to be at an early stage and for many automakers, such an agreement will depend on whether or not the government supports them with subsidies or funding for better charging infrastructure. According to analysts and environmentalists, almost $90 billion is needed in this decade to effectively electrify cars and trucks in the USA and provide them with adequate charging infrastructure.

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So, although a significant $7.5 billion has been allocated for expanding the country's charging infrastructure as part of a bipartisan infrastructure deal, more will be needed to meet the expected EV demand in the next few years. As for the pledge by automakers to agree on a date and volume for electrifying their fleets, we still seem to be some way off from this happening.

"Ford has already said that we are leading the electrification revolution and planning on at least 40 percent of our global vehicle volume being all-electric by 2030," said Melissa Miller, a spokeswoman for Ford. Based on that, Ford would meet the White House's proposed pledge but the same won't be true for everyone else. Many more pieces of the puzzle would likely need to fall into place before automakers band together and agree on a common goal.

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Source Credits: Automotive News

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