U.S. Automakers Agree To Make 50% of New Cars Sold Electric by 2030

The Biden administration, a number of leading automakers and the United Auto Workers union on Thursday announced a new national target to make 40 to 50 percent of vehicles sold electric by 2030.President Biden will sign an executive order, putting the motion in effect to "strengthen American leadership on clean cars and trucks by accelerating innovation and manufacturing in the auto sector, bolstering the auto sector domestic supply chain, and growing auto jobs with good pay and benefits," accor...