President Biden has witnessed enormous growth in electric vehicle (EV) sales since taking office, with sales tripling and the total amount of available models doubling. For example, over 130,000 public charging stations for electric cars have been deployed across the United States, indicating a 40% increase over prior years.
In addition, since Biden signed the Inflation Reduction Act into law, the private sector has spent over $120 billion in domestic electric vehicle and battery production. Now the EPA has introduced new rules and regulations surrounding EVs to further accelerate America’s movements toward more environmentally friendly automobiles.
These new requirements are a result of improvements and investments in cleaner car production, which accelerated because of Biden’s “Investing in America” initiative. The regulations also align with the automotive industry as a whole with its shift toward more environmentally friendly car production.