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ARTICLE · 30 JUNE 2021

Vying For America's Future Through Electric Vehicles

The single largest expenditure in President Biden's original proposal for his American Jobs Plan is a $174 billion investment to promote electric vehicles (EVs).

United StatesEnvironment

This is the twenty-second in our series on "the ABCs of the AJP"

The single largest expenditure in President Biden's original proposal for his American Jobs Plan is a $174 billion investment to promote electric vehicles (EVs).  This considerable sum reflects the fact that increasing the number of EVs on the road in the United States would advance a number of key administration priorities, as described below.

  • First, it would meaningfully address climate change. The transportation sector generates 29% of U.S. greenhouse gas emissions, and emissions from passenger cars and medium and heavy-duty trucks account for 82% of that figure.  Even when taking into account the processes used to generate the electricity used to power them, EVs have lower lifecycle emissions than fossil fueled engines.

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