U.S. automakers say they aspire to reach up to 50% of electric vehicle sales by 2030 – sources

WASHINGTON, Aug. 4 (Reuters) – Detroit’s Big Three automakers plan to announce Thursday that they aspire to have 40 to 50 percent of new vehicle sales by 2030 to be electric models, informed sources said on this subject.

White House plans event Thursday on electric vehicles and fuel economy standards with President Joe Biden and CEOs of General Motors Co (GM.N), Ford Motor Co (FN) and parent company Chrysler , Stellantis NV (STLA.MI). The administration plans this week to come up with revisions to fuel economy requirements through to model year 2026.

All three automakers declined to comment on Wednesday, as did the White House.

The administration has pressured automakers to voluntarily pledge that at least 40% of new vehicle sales will be electric by 2030 as it strives to reduce pollution from cars. greenhouse gases, Reuters reported last week.

Biden has resisted calls from many Democrats to set a binding target for electric vehicle adoption or follow California to set 2035 as a date to phase out sales of new light-duty gasoline vehicles.

The automakers’ target total includes full-battery electric vehicles, plug-in hybrid electric vehicles, which also have gasoline engines, and hydrogen fuel cell models, sources said.

Automakers will make it clear in a joint statement that aggressive targets for electric vehicles depend on additional government support for electric vehicles and the charging industry. The sources said the wording of the statement could still change before Thursday.

The administration also plans this week to announce its proposals to revise vehicle emissions standards until 2026.

Last month, Stellantis said it was targeting more than 40% of U.S. low-emission vehicles by 2030.

GM has said it aspires to end sales of new light-duty gasoline vehicles in the United States by 2035. Ford has said it expects “at least 40% of our global vehicle volume to be fully electric. by 2030 ”.

Reporting by David Shepardson; edited by Jonathan Oatis and Dan Grebler

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