BACKGROUNDER: President Biden announces steps to advance US leadership on clean cars and trucks | The White House

President Biden outlines goal of 50% electric vehicle sales share by 2030 to unlock full economic benefits of build-back-better program and advance smart fuel efficiency and emissions standards

President Biden’s Build Back Better program and the Bipartisan Infrastructure Deal are investing in the infrastructure, manufacturing and incentives we need to grow well-paying union jobs at home, lead electric vehicles around the world and save money. money to American consumers. Today, the President will announce a series of new actions aimed at advancing those goals and increasing the impact of his proposed investments for building back better – positioning America to advance the future of electric vehicles, outpacing China. and tackling the climate crisis.

Specifically, the president will sign an executive order that sets an ambitious new goal of making half of all new vehicles sold by 2030 zero-emission vehicles, including battery-electric, plug-in hybrid, or fuel-cell electric vehicles. The executive order also initiates the development of long-term energy efficiency and emissions standards to save consumers money, reduce pollution, improve public health, advance environmental justice and address the climate crisis.

In addition, and pursuant to the Day One Executive Order, the Environmental Protection Agency (EPA) and the U.S. Department of Transportation (USDOT) will announce how they are addressing adverse reductions from the previous administration of efficiency standards. short-term energy and emissions. Through these coordinated notices of proposed rulemaking, the two agencies are advancing smart fuel efficiency and emissions standards that would deliver approximately $140 billion in net benefits over the life of the program, save approximately 200 billion gallons of gasoline and would reduce approximately two billion metric tons. carbon pollution. For the average consumer, this means net benefits of up to $900 over the life of the vehicle in fuel savings.

These new actions, coupled with investments in the President’s Build Back Better program, will strengthen America’s leadership in clean cars and trucks by accelerating innovation and manufacturing in the automotive sector, strengthening the national supply chain of automotive sector and creating well-paying automotive jobs. and benefits. That’s why today, U.S. automakers Ford, GM, and Stellantis and the United Auto Workers (UAW) will stand with President Biden in the White House with one aligned ambition: to support the President’s agenda for a better rebuild. and the need for automakers to invest in and develop well-paying unionized jobs in the United States.

Rebuilding a better investment program

The global market is turning to electric vehicles and harnessing their potential to save families money, reduce pollution and make the air we breathe cleaner. Despite pioneering the technology, the United States is lagging behind in the race to manufacture these vehicles and the batteries that power them. Today, the market share of electric vehicle sales in the United States is only one-third of that of China’s electric vehicle market. The President believes it’s time for the United States to take the lead in electric vehicle manufacturing, infrastructure, and innovation, investing in:

  • Installation of the first national network of charging stations for electric vehicles.
  • Offering consumer incentives at the point of sale to boost manufacturing and union jobs in the United States.
  • Funding for retooling and expansion of the entire national manufacturing supply chain.
  • Innovate the next generation of clean technologies to maintain our competitive advantage.

Through investments in the Build Back Better Agenda and the Bipartisan Infrastructure Deal, we can strengthen American leadership in electric vehicles and batteries. These once-in-a-generation investments will win America the future of transportation and manufacturing and create well-paying union jobs, dramatically expand American manufacturing, make electric vehicles more affordable for families, and… to export our electric vehicles all over the world. .

And, the president has already made a down payment on his vision for American leadership in auto manufacturing. Last month, the Department of Commerce announced $3 billion in U.S. bailout funds currently available that can be used to advance the nation’s electric vehicle industry in the communities that have always been the backbone of our automobile industry.

Ambition 2030 electric vehicles

Over the past decade, we have seen a transformation in the technology costs, performance and availability of electric vehicles. Since 2010:

  • Battery costs have fallen by 85%, paving the way for sticker price parity with gas-powered vehicles.
  • The average range of vehicles has increased considerably as charging times have shortened.
  • The electric models available to US consumers expanded to more than 40 last year — and growing.

Seeing this change, countries are rushing to take the lead. For example, China is increasingly cornering the global electric vehicle and battery supply chain with its rapidly growing electric vehicle market. By setting clear targets for electric vehicle sales trajectories, these countries become magnets for private investment in their manufacturing sectors – from parts and materials to final assembly.

President Biden is committed to changing that and serving the American people. That’s why he will sign an executive order that sets a new goal of electric vehicles accounting for half of new vehicles sold in 2030. This builds on announcements made today by automakers, representing nearly the entire auto market. American, who have positioned themselves around the objective of reaching 40 to 50% of electric vehicle sales by 2030. More than a deployment objective, it is an objective to take advantage of unique investments and an effort government to elevate the American auto worker and strengthen American leadership in clean cars. and trucks. The 2030 target is calibrated to allow time for existing manufacturing facilities to upgrade without tying up assets, upgrades that will be catalyzed by the Build Back Better program and move towards a path that expands the American national manufacturing with unionized workers.

Smart energy efficiency and emissions standards

In accordance with the Presidential Executive Order on Day One, the Environmental Protection Agency (EPA) and the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) will announce how they are addressing the previous administration’s harmful reductions in traffic safety standards. short-term energy and emissions efficiency. Both agencies’ standards work compatibly through model year 2026, with NHTSA’s proposed rule beginning with model year 2024 and EPA’s proposed rule taking effect one year earlier with model year 2023. The standards build on the momentum of the California Framework Accord – an agreement between the State of California and five automakers: Ford, Honda, Volkswagen Group, BMW and Volvo.

Through these coordinated notices of proposed rulemaking, the two agencies are advancing smart energy efficiency and emissions standards that would deliver approximately $140 billion in net benefits over the life of the standards, including crisis asthma averted and lives saved, saving an estimated 200 billion gallons of gasoline. , and reduce approximately two billion metric tons of carbon pollution. For the average consumer, this means net savings of up to $900 over the life of the vehicle from fuel savings.

Building on these short-term steps, the executive order the President will sign will initiate the development of long-term energy efficiency and emissions standards to save consumers money, reduce pollution, improve public health. , advancing environmental justice and tackling the climate crisis. Specifically, the decree establishes a robust timeline for the development of fuel efficiency and multi-pollutant emissions standards through at least model year 2030 for light-duty vehicles and for medium- and heavy-duty vehicles from the model year 2027. The executive order also directs agencies to:

  • Consult with the Secretaries of Commerce, Labor and Energy on ways to accelerate innovation and manufacturing in the automotive sector, strengthen the national supply chain for this sector and create good-paying jobs and benefits.
  • Engage with California and other states to lead the way in reducing vehicle emissions.
  • Obtain input from a wide range of stakeholders, including representatives of labor, industry, environmental justice organizations and public health experts.

Together, today’s announcements would put us on track to reduce greenhouse gas emissions from new passenger vehicle sales by more than 60% in 2030 compared to vehicles sold last year, and would help achieve the President’s goal of 50-52% net greenhouse gases economy-wide. emission reductions below 2005 levels by 2030.

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