Joe Biden will sign an executive order to have half of the new vehicles sold in the US be electric to 2030

Joe Biden Electric Cars Vehicles

President Joe Biden will meet this Thursday in the White House with the manufacturers General Motors, Ford, Stellantis and the union of workers of the automotive sector to advance in a pact that helps to reduce the emissions.

The White House will announce measures to ensure that by 2030 half of all new vehicles sold in the United States are electric, or with zero emissions, at the same time that it reinstated strict standards of consumption and emissions that were eliminated during the presidency of Donald Trump ( 2017-2021).

The president, Joe Biden, plans to sign this Thursday at the White House before representatives of the manufacturers General Motors (GM), Ford, Stellantis, as well as the United Auto Workers (UAW), an executive order that establishes as a new objective that By 2030, half of all new vehicles sold in the country will be electric.

The initiative was backed by America’s big three automakers, which in recent months have announced tens of billions in investments to electrify their vehicle ranges as soon as possible.

In a joint statement, Ford, GM and Stellantis pledged to “achieve annual sales of 40-50 percent” of electric vehicles to “bring the nation closer to the future of zero-emissions consistent with the targets” of the Paris climate agreement.

Senior officials of the Biden administration acknowledged during a conference call with the media to present the measures that one of the motivations of the US government is not to allow China to dominate the electric vehicle market, which is the future of the sector.

The US authorities have noted that while others, such as the European Union (EU), are accelerating their plans to electrify the sector to take the lead, China is trying to secure control of the global supply chain for electric vehicles and batteries.

In this sense, the president of the UAW, Ray Curry, pointed out that the sector is “at a critical moment in which countries compete to produce the vehicles of the future” and that the United States “is lagging behind China and Europe” as manufacturers spend billions of dollars on expanding markets and productive capacity.

The White House indicated that the executive order that Biden will sign this Thursday will change this situation and that the goal of 50% of sales by 2030 “is calibrated” so that existing production plants can adapt without danger.

In addition, the Environmental Protection Agency (EPA) and the Department of Transportation will also announce the imposition of strict fuel consumption and emissions standards on new vehicles that had been phased out by the previous Trump administration.

The White House indicated that the new standards will provide net benefits of about $140 billion with savings of 757 billion liters of gasoline over the next five years, as well as a reduction of 2 billion metric tons of carbon pollution and improvements in the health of the population.

The US government estimated that each driver will save an average of $900 during the period due to the lower consumption of their vehicles.

The Biden administration noted that all of these measures will reduce greenhouse gas emissions from vehicles sold in 2030 by more than 60% compared to vehicles sold in 2020.

This, in turn, will meet Biden’s goal that, by 2030, global emissions from the US economy will be 50-52% lower than in 2005.