President Joe Biden will sign an executive order that sets a 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, according to an Aug. 5 fact sheet posted on the White House website.
The executive order also kicks off development of long-term fuel efficiency and emissions standards aimed to, for instance, cut pollution, advance environmental justice, and tackle the climate crisis, according to the fact sheet.
The global market is shifting to electric vehicles (EVs), the fact sheet said, adding that despite pioneering the technology, the United States is behind in the race to manufacture those vehicles and their batteries. The U.S. market share of EV sales today is one-third that of the Chinese EV market, according to the fact sheet.
There has been a transformation over the last decade in the technology costs, performance, and availability of EVs, the fact sheet noted, adding that since 2010, battery pack costs dropped by 85%; average vehicle range increased as charging times shortened; and electric models available to U.S. consumers expanded to more than 40 last year, with that number growing.
Biden’s executive order builds on announcements made on Aug. 5 by automakers, representing almost the entire U.S. auto market that have positioned around the goal of reaching 40% to 50% EV sales share in 2030, the fact sheet said. The 2030 target is calibrated to provide time for existing manufacturing facilities to upgrade without stranding assets, according to the fact sheet.
The executive order includes a schedule for 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 starting as early as model year 2027, the fact sheet said.
In addition, the executive order directs agencies to, for instance, engage with California and other states that are leading the way in reducing vehicle emissions, the fact sheet noted.
Among other things, the fact sheet noted that the U.S. Environmental Protection Agency and U.S. Department of Transportation, through coordinated notices of proposed rulemaking, are advancing smart fuel efficiency and emissions standards that aim to, for instance, reduce around two billion metric tons of carbon pollution.
Edison Electric Institute (EEI) President Tom Kuhn, in an Aug. 5 statement on the new regulations for light-duty vehicles said, in part, “The transportation sector currently represents the largest source of carbon emissions in the U.S. economy, and we are committed to working with President Biden and other leaders across the administration to help build the electric vehicle charging infrastructure we need to accelerate the electrification of the transportation sector and reduce vehicle emissions.”