Biden Administration: What to Expect in the EV Industry

The U.S. has tended to fall behind EV markets in China and Europe, but the new administration has big plans for EVs as a part of their commitment to fight climate change.

With reforms to the energy system proposed and an emphasis on encouraging Americans to make the switch to electric, experts expect rapid growth in the EV industry. Of course, the right mixture of factors is required for this to happen. But, with climate change remaining a dire issue, Biden intends to push forward hard. 

Already, Biden has proposed:

  • restoring stricter fuel economy standards
  • requiring federal agencies to use EVs

It is expected that there is much more to come. 

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