U.S. to Set Electric-Vehicle Sales Target of 50% by 2030. General Motors, Ford and Stellantis executives with union leaders are expected to join President Biden in announcing voluntary targets

Wall Street Journal ^ | August 5, 2021 | Katy Stech Ferek and Ben Foldy

[karpov]

WASHINGTON—Roughly half of all cars and light trucks sold in the U.S. by 2030 would be electric, hydrogen-fuel cell and plug-in hybrid vehicles under voluntary targets set to be announced Thursday by the Biden administration and backed by auto makers, contingent on government support.

In a joint statement, General Motors Co. , Ford Motor Co. , and Chrysler maker Stellantis NV said their commitment hinges on federal funding for manufacturing and supply-chain research and development, purchase incentives and an EV-charging network.

The auto makers said the voluntary targets for EV sales “can be achieved only with the timely deployment of the full suite of electrification policies committed to” by the Biden administration in the roughly $1 trillion infrastructure plan now moving through the Senate and related initiatives.

Electric vehicles sales made up about 3% of the total U.S. market in May and June, according to industry data. The auto makers said their commitment was to have electric, fuel cell and plug-in hybrid vehicles comprise 40% to 50% of sales by 2030, saying the action “represents a dramatic shift from the U.S. market today.”

Biden administration officials, however, said the president plans to sign an executive order setting a voluntary target of 50%.

Consumers have begun warming to EVs, and auto manufacturers are laying heavy bets on the new technology.

“This industry’s going to spend $330 billion over the next five years on electrification alone,” said John Bozzella, president of the Alliance for Automotive Innovation, the lobbying group for auto makers and suppliers, at a conference Wednesday. “Even in Washington, D.C., that is real money.”

Many of these investments are going towards converting plants to making electric vehicles or building new battery factories. GM plans to open battery plants in Ohio and Tennessee as part of its joint venture

[fremont_steve]

More like 20k today. Depends on the model obviously. Also note Tesla wasn’t invited to Bidens conference.

[fremont_steve]

Why was it stressful?

[qaz123]

What’s $20k? Replacement cost?

[minnesota_bound]

#38 $1,000 cell phones stop working because the battery will not stay charged. A battery that costs no more then $15 at Amazon. The battery is glued in place as is the back. You have to heat up the glue and pry apart the parts to replace the battery. https://www.ifixit.com

Now a single cell in a electric car stops working and you can be guaranteed that the WHOLE battery pack costing thousands would have to be replaced. You will never have a $50 repair with a battery powered car.

[minnesota_bound]

iFixit repair guide says: Time Required 1 - 2 hours
for a battery replacement!!!
In the past it was a minute.

[fremont_steve]

Yep. Replacement cost. Note I own a model 3. I charge it from home solar except on long distance trips. I have more of these batteries to keep my power on when CA turns the power off. I can pretty much go off grid with the system if I want to. Please also look at my user name.. guess where they build the cars.

I haven’t found the charge times on long trips to be bad either. My cars entertainment system is great. I can stream videos, music, or play video games while charging. Most charge session are less than 30 minutes when making long distance trips.

Finally many in the thread have mentioned the fires of evs. They are hard to extinguish. However..if you look at the actual statistics..the Tesla fleet at least has fewer fires per Capita when compared to ICE vehicles.

And before you guys go off on me..I also own an f350 diesel dually. So it has more to do with driving a computer than it has to do with the environment.

[Jacquerie]

<>Hopefully at home charging will be prevalent.<>

You support the imposition of EVs?

[qaz123]

I’m not going off you. Especially if you’re using solar to charge that thing.

I’d love to see the faces of other folks around you that have EVs, give you the head nod for being Green. Next day see you rolling coal in that dually.

[Chode]

lightning... right? 8^)

[gov_bean_ counter]

Yeah lightning. That’s the ticket.

[Chode]

[gov_bean_ counter]

Hahaha!!!

Well done.

[cornfedcowboy]

No I don’t support the imposition of EV’s. I do know however that most people who knock them haven’t tried them. They are great vehicles.

[dennisw]

Same here I effin despise EVs. I own a fuel efficient Honda. In Japan traffic is very congested with stop and go.... Hybrids make some sense there. But most hybrids run on gasoline and cannot be plugged in the AC.

[Jacquerie]

If they were great, they’d be in far greater demand and wouldn’t need government subsidies.