“. . . In a joint statement, Ford, General Motors and Stellantis — the auto company formed this year after the merger of Fiat Chrysler and Peugeot — announced their “shared aspiration” to achieve sales of 40 to 50 percent electric vehicles by 2030.
But they need government support to translate aspirations into action, they wrote. “This represents a dramatic shift from the U.S. market today that can be achieved only with the timely deployment of the full suite of electrification policies,” the automakers said in the statement.
Specifically, the automakers said that they could not meet the target of 40 to 50 percent electric vehicle sales unless Congress spends billions of dollars on incentives for car buyers, a charging network, investments in research and development and incentives to expand the electric vehicle manufacturing and supply chains.
Mr. Biden has asked Congress for $174 billion to pay for a network of 500,000 charging stations. The pending infrastructure bill, which could pass the Senate as soon as this week, includes just a fraction of that: $7.5 billion. A second bill, which could move through Congress this fall, could include more spending on electric vehicles, consumer tax incentives and research. But neither bill is guaranteed to pass in the closely divided Congress.” . . .