Biden’s New Vehicle Emissions Rules Could Speed the EV Revolution

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Biden’s New Vehicle Emissions Rules Could Speed the EV Revolution
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But only if the U.S. gets a lot more minerals, factories, and chargers.

“The momentum is already building for the adoption of EVs,” said Ellen Kennedy, who leads the carbon-free transportation program at RMI, a think tank focused on sustainability. “We’ve had just extraordinary growth with regard to EV infrastructure and chargers. We need a lot more in order to be ready for the projected demand that would stem from adoption of a rulemaking like this.”

Automakers and battery manufacturers will have to build new plants, source new minerals from around the world, and hire and train thousands more workers, according to Kennedy. Many of them are already doing this, but “they need to do more of what they’re doing,” she added.to support new EVs as they hit the road, or about 8 times as many as exist right now. The EPA’s standards will only increase that need if they spur the growth in the market that’s intended.

in terms of electricity generated in the U.S. for the first time, but a glut of new EVs could strain the power grid and force utilities to burn more natural gas.admits such a ramp-up is likely but says “those projected impacts decrease over time because of projected increases in renewables,” so that vehicle carbon emissions would fall 47 percent from current levels by 2055.The final concern is price.

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