Will he hit 200 mph in it?
The Biden Administration dropped some big news regarding electric vehicles this week. The president signed an executive order stating that 50% of new cars sold in the US will be zero emissions by 2030. The big three American automakers (Ford, General Motors, and Stellantis) are all on-board, as are BMW, Honda, Hyundai, Toyota, Volvo, and the Volkswagen Group. Biden recently hosted several automakers to announce his initiatives, and he brought up an interesting conversation with GM CEO Marry Barra.
"I've got a commitment from Mary Barra, when they make the first electric Corvette, I get to drive it," Biden said. "You think I'm kidding, I'm not kidding." Biden previously broke the news that a future electric Chevrolet Corvette is in the works, and it will do 200 mph.
The president is a self-professed car guy who even owns a 1967 C2 Corvette Stingray. We'll note here that there is currently no time table for when the first electric Corvette will debut.
During Biden's announcement, included above from The Hill, the president has several electrified vehicles sitting in the background, including the upcoming 2022 GMC Hummer EV Pickup and plug-in hybrid 2021 Jeep Wrangler 4xe. Biden even hopped behind the wheel of the 4xe for a brief stint. During an event earlier this year, he became the first person outside of Ford to drive the all-electric F-150 Lightning.
Though Biden's EV plans seem lofty, they are merely a nonbonding target, not a mandate. As we recently experienced driving an EV for a week without access to home charging, the government will need to help improve the nation's charging infrastructure if they hope to get more people to move away from gasoline. A California Senator has proposed more tax rebates on top of the current $7,500, which could possibly sway more people to pick a BEV, PHEV, or FCEV.