The Biden Administration Is Trying to Kickstart the Great American Electric Vehicle Race
April 19, 2021 at 10:36PM American tailpipes have played an outsized role in global warming. In 2019, transportation accounted for 29% of the country’s human-generated emissions , the most of any sector tracked by the Environmental Protection Agency—and the U.S. is the world’s second-largest carbon emitter . The Biden Administration wants to clean up transportation’s dirty reputation, and make America the global leader in electric vehicle production in the process. At the moment, electric vehicles, or EVs, aren’t particularly common in the U.S. Only about 2% of vehicles sold in the U.S. last year were electric. “It looks like, somewhere around 5% of sales is where things really start to take off”—when EV’s transition from the novel to the ordinary—says Colin McKerracher, head of advanced transport at BloombergNEF. Experts say that smart government policy can nudge the consumer market towards that tipping point. Indeed, it’s already happened in other countries. In Norway, ...