03/25/2024

The New Roadmap for the EV Revolution

U.S. utilities scramble to meet rising electricity demand

In the race to slow climate chaos from carbon dioxide, there’s no bigger target than shifting hundreds of millions of U.S. vehicles from fossil fuels to electric power. That’s because cars and trucks spew nearly 30 percent of greenhouse gas emissions.

So the Biden Administration rolled out new goals to slash automotive CO² that could result in more than 56 percent of new passenger vehicle sales being electric by 2032 — seven times their current market share.

While the revised rules, criticized by some environmentalists as not stringent enough, are below an initial target of having EVs account for two-thirds of new vehicle sales in the same timeframe automakers are on board with rules that look like a roadmap for a clean transportation revolution.

Please select this link to read the complete article from Forbes.