Biden's decree was supported by American auto giants – the top management of Ford, General Motors and Stellantis was present at its signing. American divisions of BMW, Honda, Toyota, Volkswagen and Volvo also spoke in favor of introducing new standards. In addition, the US President received support from the UAW automotive union.
Currently, electric vehicles in the US account for only 2% of all cars sold. Nevertheless, in the coming years, mass-market electric models will be introduced in a wide variety of segments. Moreover, earlier Joe Biden announced the purchase of 650 thousand electric cars for government agencies and the construction of 550 thousand charging stations.
In addition, Biden's decree implies the introduction of new strict eco-standards for cars with internal combustion engines. Thus, by 2023, the level of harmful substances in exhaust will decrease by 10%.
