News

United Auto Workers

Reuters | Equities.com |

The White House has told U.S. automakers it wants them to back a voluntary target of at least 40% of new vehicles sales being electric by 2030 as it works to reduce greenhouse gas pollution, sources briefed on the matter said.

The discussions with U.S. automakers on electric vehicle (EV) targets come as the Biden administration is set as early as next week to roll out its proposed revisions to vehicle emissions standards through 2026.