Mr Biden Executive Order for 50% Electric Vehicles in US by 2030
US President Mr Joe Biden announced a new executive order to set a new target to make half of all new vehicles sold in 2030 zero-emissions vehicles. Specifically, the President sets an ambitious new target to make half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid electric, or fuel cell electric vehicles. The Executive Order also kicks off development of long-term fuel efficiency and emissions standards to save consumers money, cut pollution, boost public health, advance environmental justice, and tackle the climate crisis. In order to get there, Mr Biden reiterated that they are working on a new point-of-sale EV incentive.
American Iron and Steel Institute President & CEO Mr Kevin Dempsey said “AISI welcomes today’s executive order from President Biden proposing that by 2030 half of all new vehicle sales will be zero-emissions vehicles, primarily electric cars and trucks. This important goal, coupled with the greenhouse gas vehicle tailpipe standards expected to be proposed soon, will add further momentum to the transformation of the auto sector in the United States. The American steel industry remains ready to support the automakers in this effort through innovative, high-strength steels that combine lighter weight and increased strength. Importantly, these thinner advanced grades of steel enable optimization of space allowing for packaging of more batteries in these vehicles, which means greater range on a single charge. The use of American made steel, which is the cleanest in the world, will be key in the transition to EVs.”