Biden Sets Target Of 50% EV Share In U.S. Car Sales In 2030

U.S. President Joe Biden is signing on Thursday an executive order, setting a target to make 50 percent of all new vehicles sold in the United States in 2030 zero-emission vehicles, in a move supported by Detroit’s Big Three. “The future of the auto industry is electric — and made in America. Today I’m signing an executive order with a goal to make 50% of new vehicles sold by 2030 zero-emission — and unveiling steps to reverse the previous administration’s short-sighted rollback of vehicle standards,” President…