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Economics, not climate, is the main driver behind automakers' embrace of electric vehicles

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Major automakers see vehicles with electric powertrains as a new moneymaker in the United States, market analysts say. It s a strategic shift driven less by climate change and more by a desire to compete economically.
The newfound electric enthusiasm from automakers could help President Joe Biden curb emissions from transportation, the highest-emitting sector in the U.S.
Biden wants to put many more electric cars on the roads, pledging to provide point-of-sale rebates for consumers, investing heavily in building out charging infrastructure, and encouraging domestic manufacturing of the cars and their batteries. His infrastructure proposal would spend at least $174 billion on vehicle electrification. ....

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Daily on Energy: Is the huge clean energy and climate bill passage a model for Biden?

Daily on Energy: Is the huge clean energy and climate bill passage a model for Biden?
washingtonexaminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonexaminer.com Daily Mail and Mail on Sunday newspapers.

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Automakers embrace electric cars as they prepare for policy U-turn under Biden

Automakers embrace electric cars as they prepare for policy U-turn under Biden
washingtonexaminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonexaminer.com Daily Mail and Mail on Sunday newspapers.

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