Biden’s US$2B plan for EVs, renewable power and more

The Biden administration has proposed a US$2 billion plan for renewable energy, to help boost the markets for electric vehicles, and more — with $174 billion aimed at EVs. The goal is to wean the country off of fossil fuels and to fight climate change. The $2 billion plan “is a centrepiece of the administration’s ambitious agenda to decarbonize the U.S. economy by 2050 and restore the nation’s leadership in addressing global warming,” said Driving.ca. (Source: Driving.ca) Read the original story.

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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