Biden’s Push for Electric Cars: $174 Billion, 10 Years and a Bit of Luck
Biden’s Push for Electric Cars: $174 Billion, 10 Years and a Bit of Luck
Wednesday, March 31, 2021
President Biden is a muscle-car guy — one of his most prized possessions is a 1967 Corvette that he got from his father. But he’s trying to make this an electric vehicle world.
The $2 trillion infrastructure plan that he unveiled on Wednesday is aimed at tackling climate change in part by spending up to $174 billion to encourage Americans to switch to cars and trucks that run on electricity, not gasoline or diesel. That is a large investment but it might not be enough to push most Americans toward E.V.s.
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