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Biden Sets U.S. Goal for Clean Cars to Be Half of 2030 Sales

  • Big investment in charging stations needed, carmakers say
  • White House sees plan boosting domestic jobs and supply chain
Bloomberg business news
Biden Aims for 50% Clean Car Goal for U.S. by 2030
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President Joe Biden plans to call for half of all vehicles sold in the U.S. to be capable of emissions-free driving by the end of the decade, an ambitious goal that automakers say can only be achieved with bigger government investment in charging stations and other infrastructure.

Biden will be joined at the White House Thursday by representatives of Detroit automakers and the United Automobile Workers union as he unveils an executive order establishing the goal for half of all cars sold to be battery-electric, plug-in hybrid or fuel cell-powered by 2030, according to senior administration officials and a White House fact sheet.