With more electric cars around we will have more gas available for important things like go-carts, wreckless bonfires, and juggling chainsaws.
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April 11, 2023
5 Minutes of Fresh Perspective
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📈The EPA has upgraded the already ambitious electrification plans of the White House.
Wednesday, the US Environmental Protection Agency is set to announce a goal of reaching a 60% electric vehicle market share by 2030 and 67% by 2032.
The updated goal also exceeds many automaker plans, leaving a portion of EV sales open to whoever finds a way to claim them. 🦛
🥊 "Everybody has a plan, till they get punched in the mouth." -Mike Tyson. So where are automakers on their path to some sort of electric future? The answer is "various places, on various paths, with various end goals."
Honda says it will go zero emissions by 2040 with a 40% checkpoint by 2030 and an 80% goal by 2035.
BMW has more than 10 new EVs coming by 2025
Ford says it will produce over 2M EVs per year by 2026 and electrify 50% of global sales by 2030.
GM is going all-electric by 2035, but some of its brands have closer goals.
Hyundai says it will be carbon neutral by 2045.
Mercedes will be electric-only from 2025.
Nissan says it will be carbon neutral across the life cycle of all its vehicles by 2050.
Stellantis aims to join the EV market in 2025 but be all-electric by 2028.
Plans announced over the last few years may be upended by the new US guidance, and we will let you know as they change. 📣