After having a $1.9 trillion Covid-19 relief bill signed into law, the Senate leader of Majority, Chuck Schumer, is set for his new conquest. To achieve his desired target of electrified mobility all across America, Schumer said to include its expense in President’s proposed massive infrastructure bill. Schumer plans to give all Americans a swapping deal to trade the gas-guzzling car for an electric one.
“It’s a bold new plan designed to accelerate America’s transition to all-electric vehicles on the road, to developing a charging infrastructure, and to grow American jobs through clean manufacturing,” Schumer told The Verge in a brief interview this week. “And the ultimate goal is to have every car manufactured in America be electric by 2030, and every car on the road be clean by 2040.”
The plan offers that anyone trading a gas car for an electric one would be subject to a substantial point of sale discount. The discount hasn’t been determined yet; however, experts expect it to be rebates of more than $7,500, the current federal EV tax credit.
Schumer stated providing incentives to car manufacturers to put an end to the production of internal combustion engines and giving tax breaks to property owners who will install EV chargers at their respective residences. Moreover, he said the plan would subsidize local governments to install and expand their EV charging stations.
The Senate leader said of deploying a grant of $45 billion to equip the nation with electric charging stations in abundance, and another $17 billion would be granted to auto-manufacturers to uplift their production plants for electric vehicle manufacturing.
It is the initial announcement, and a lot is yet to be determined, like how much of a discount a person would receive when trading in a gasoline car for an electric one.
The plan’s structure is crucial and holds much importance, as the government aims to aid the lowest-income earners. Hence a strategy is required that fulfills better outcomes. Schumer believes that the plan would take almost a decade and spending of $454 billion to implement successfully.
An early sign for the plan’s success was seen when Biden, upon taking hold of the presidential powers, signed an executive order to swap 650,000 government vehicles with EVs and said of spending billions of dollars for electric vehicle charging infrastructure.
Given those facts, Schumer’s convinced that Biden will agree on this. “I haven’t sat down and discussed the whole thing with them,” Schumer said of the White House, “but yes, I think it is going to be part of the infrastructure plan.”
The bill for shifting towards EVs is likely to be passed in Senate, as the announcement comes from the majority party and others favor auto-industry’s electrification.
The world is progressing towards adopting more electric vehicles now. The EU has announced phasing out gas-run cars by 2035. Other nations, including Ireland, Sweden, and the Netherlands, said banning combustion engine cars a little soon around 2030.
Big names in the auto industry are also on the same page, where the major narrative is they would phase out combustion engines and would only develop electric vehicles in the coming years.
EV’s are not the only means with which the world is shifting towards electrification of mobility. Other means of communication are going electric, including bikes, scooters, and even the public commute infrastructure.