The automotive industry, including the United Auto Workers union and major manufacturers like General Motors, is pushing President Joe Biden to roll out tax credits and other incentives that will help drive electric vehicle sales.
According to Reuters, the UAW and two auto industry trade groups sent a letter to the Biden Administration this week calling for the White House to put forth a “comprehensive plan,” to boost EV sales “that takes the present market realities into consideration.”
“Neither the current trajectory of consumer adoption of EVs, nor existing levels of federal support for supply- and demand-side policies, is sufficient to meet our goal of a net-zero carbon transportation future,” the letter said,
In addition to the UAW, letter was also signed by the Alliance for Automobile Innovation, which represents General Motors, Toyota and Volkswagen, along with the Motor & Equipment Manufacturers Association.
The auto industry wants the Biden administration to put forth significant government tax incentives and subsidies to support both the purchase and production of EVs. The letter also called for the White House to raise incentives for federal fleet EV purchases, boost rare earth mineral mining in the United States and back the development of new hydrogen vehicles.
The White House is expected to release details on a new $3 trillion infrastructure plan this week, which may include setting up roughly 500,000 electric vehicle charging stations nationwide. There are currently around 100,000 EV charging stations in America, according to Reuters.
GM is eager to see the White House support electric vehicles after it committed $20 billion to the development of new electric and autonomous vehicles between now and 2025. Thanks to this investment, the automaker’s lineup will consist of 40 percent EVs by 2025 and it is also hoping to eliminate tailpipe emissions from its passenger vehicles by as early as 2035. GM as a company will also be fully carbon neutral by 2040.
“Climate change is real, and we want to be part of the solution by putting everyone in an electric vehicle,” GM CEO Mary Barra said in a statement released last year. “We are transitioning to an all-electric portfolio from a position of strength and we’re focused on growth. We can accelerate our EV plans because we are rapidly building a competitive advantage in batteries, software, vehicle integration, manufacturing and customer experience.”
The Biden Administration has not yet responded to the auto industry’s letter.