Headline RoundupApril 12th, 2023

Biden Admin Proposal Aims to Boost EV Sales Tenfold by 2032

Summary from the AllSides News Team

In efforts to cut emissions, the EPA is aiming to increase electric vehicle sales to 67% of new vehicles by 2032.

The Details: The move, which would reduce tailpipe emissions and dependence on oil, is even more ambitious than Biden’s previous target of 50% by 2030, which was announced in 2021. The Alliance for Automotive Innovation (AAI), a trade association that represents several auto industry giants, voiced concerns that the target may be too much too soon, calling the previous goal of 50% “a stretch.”

For Context: Currently, many new EVs made in North America are eligible for a $7,500 tax credit, and the average cost of an EV is $58,600 according to Kelley Blue Book. EV sales accounted for 7.2% of sales in the first quarter of this year, a 1.4% increase from last year. Transportation currently accounts for about 27% of greenhouse gas emissions in the U.S. and electric power generates the second-largest share at 25%.

Key Quotes: AAI said, “This requires a massive,100-year change to the U.S. industrial base and the way Americans drive,” and that “regulatory mandates alone will not address the conditions that will determine the ultimate success of the EV transition.”

How The Media Covered It: Attached coverage from across the spectrum wasn't overtly biased in one direction or another, but often included different portions of the Alliance’s statement, or statistics about emissions and market readiness.

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