The new target is expected to be supported by companies such as General Motors, Ford Motor, Stellantis and other automakers.
The U.S. is the third-largest market for EVs in the world. While total new car sales were down by 23% in 2020 to about 14.6 million units, sales of all-electric vehicles fell by 11% to 295,000 units, according to IHS Markit.
Officials with the United Auto Workers, which represents hourly union workers at the Detroit automakers, have not been so convinced of EVs spurring American jobs. A 2018 study by the union found that mass adoption of EVs could cost the UAW 35,000 jobs, but officials have said that number could be less now. EVs require far fewer parts than those with internal combustion engines, which means potentially fewer factory assembly jobs. A lot of the parts for EVs are made outside of the U.S. or at domestic plants where workers are paid far lower wages than traditional assembly jobs.
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