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Policy Moves on Electric Cars | Earth Wise

February 26, 2021 By EarthWise Leave a Comment

In recent times, there have been several significant events affecting the transition to electric vehicles. The new administration has made aggressive moves toward fighting climate change. Wall Street investors have placed more value on Tesla stock than that of GM, Toyota, Volkswagen, and Ford combined. China, the world’s largest car market, recently mandated that most new cars must be powered by electricity within 15 years.

Against this background, the CEO of General Motors announced in late January that the company will aim to sell only zero-emission cars and trucks by 2035.

This announcement took the rest of the auto industry by surprise. In the past, the industry tended to present a united message on emissions and other policy issues. This time around, GM has stepped out in front of the issue.

GM has already committed to spending $27 billion to introduce 30 electric vehicle models by 2025 and is building a plant in Ohio to make batteries for those cars and trucks.

A key driver in the GM decision, no doubt, was an executive order signed by President Biden on his first day of office. The order directed the Environmental Protection Agency to immediately begin developing tough new tailpipe pollution regulations, designed to reduce the nation’s largest source of greenhouse gas emissions.

Even before the change in administration, five other major automakers – BMW, Ford, Honda, Volkswagen, and Volvo – had already legally bound themselves to tougher fuel economy standards in a deal with California. Those companies committed to an average fuel economy of 51 miles per gallon in 2026.

While no other large automaker has set a specific target date for selling only electric vehicles, many of them are moving in that direction. The rapid growth of Tesla is an indicator of where the auto industry is heading.

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G.M. Announcement Shakes Up U.S. Automakers’ Transition to Electric Cars

Photo, posted July 29, 2017, courtesy of Steve Jurvetson via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio.

Hyping Electric Cars | Earth Wise

March 13, 2020 By EarthWise Leave a Comment

During this year’s Super Bowl, at least three car companies – GM, Porsche, and Audi – ran commercials for plug-in cars. This is a sign that automakers are ramping up their efforts to persuade the public that electric cars really are the future.

The auto industry is investing billions of dollars to develop electric vehicles, spurred by stricter emissions rules in places like California and concerns about climate change. In fact, more than 100 new plug-in models are expected to become available in the United States over the next five years.

In Europe, electric cars are increasingly popular. Norwegians, for example, buy more electric cars than gas cars. And several European countries have banned the sale of gas cars starting in 2025.

But in the US, enthusiasm for electric cars has been slow to build. Automakers sold fewer than 330,00 electric vehicles in the US in 2019 and more than half of those were from Tesla, which actually does not even advertise its vehicles.

The auto industry spent nearly $9 billion in national and local advertising in the US last year, but less than half a percent of that went toward promoting electric vehicles.

A big part of the problem is that car dealers are not very enthusiastic about selling electric cars, which require far less maintenance than conventional cars and have far fewer costly replacement parts to sell. As a result, the industry’s efforts to speed the transition to electric cars has been ambivalent at best.

World-wide, Tesla has sold about a million cars, mostly in the past 4 years, so there is clearly a growing demand for electric vehicles. It is up to the rest of the industry to create demand for the new cars they have committed to produce.

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Super Bowl Ads Hyped Electric Cars. But Will Anyone Buy Them?

Photo, posted October 6, 2018, courtesy of Mike Fonseca via Flickr.

Earth Wise is a production of WAMC Northeast Public Radio.

GM And Fuel Cells

November 30, 2017 By EarthWise 1 Comment

There has been a spate of announcements from major car manufacturers in recent times detailing their plans to electrify their future vehicles. General Motors recently announced its “path to zero emissions” plan which includes the introduction of at least 20 electric vehicles by 2023. They are joining Volvo, Volkswagen, Toyota and others in making such an announcement.

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