United States President Joseph Robinette Biden Jr. is making some big changes. President Joe Biden and his administration are dealing with major issues plaguing the United States, like carbon emissions. Biden has signed an executive order. The administration is introducing several new emission-reduction proposals. The President has also championed U.S.-built, union-made electric vehicles. There’s just one issue. Only one vehicle qualifies as American-built and union-made.
What EV is union-made and built in the U.S.?
Electric vehicles account for more of the total new-vehicle market share than ever before. Automakers like Ford, Audi, Hyundai, Chevrolet, Tesla, and many more are introducing new EVs. Tesla is a pioneer in electric vehicle production but is responsible for a smaller percentage of the new EV market share today, thanks to other automakers participating.
Electric vehicles are becoming more common. That being said, there is only one automaker producing EVs that are both American-built and union-made. President Joe Biden clearly wants more automakers to meet these expectations to make electric vehicle production as beneficial to all parties involved as possible. The only automaker that currently meets this expectation is Chevrolet.
The Chevrolet Bolt EUV and EV are the only models made in America by unionized workers. The problem is that Chevy Bolt EVs are known to catch fire. Chevy Bolt EVs have been recalled by the thousands this year alone. Furthermore, the Chevrolet Bolt EUV has not been released yet. What does this mean? The one electric vehicle that meets Biden’s new expectations has a reputation of spontaneously combusting.
Is the Chevy Bolt EV the future of electric vehicles?
The Chevrolet Bolt EV actually isn’t the worst electric vehicle despite its unexpected pyrotechnics. When the Chevy Bolt EV isn’t bursting into flames, it exhibits great driving range and acceleration. Automakers are moving toward making more exciting electric vehicles, but the Chevrolet Bolt EV may be too hot to handle for most consumers.
President Biden expressed his desire to produce more American-made, union-built EVs in his recent meeting with top automakers. Biden’s hopes of a future where American-made, union-built EVs dominate the American automotive industry don’t align with the current reality. The Chevy Bolt EV is popular but sells nowhere near the number of units that the Tesla Model 3, Model Y, and Ford Mustang Mach-E sell.
The 2022 Chevrolet Bolt EUV and 2022 Chevrolet Bolt EV are both estimated to have a battery range of over 240 miles on a single charge. The 2022 Chevy Bolt EV is estimated to travel 259 miles on a full battery. The new Chevy Bolt will be more than $5,000 cheaper than the 2021 model. It will also include an interior and exterior redesign.
Are President Joe Biden’s EV goals achievable?
According to Reuters, President Joe Biden wants 50% of the new vehicles produced to be electric vehicles in 2030. This means more automakers introducing electric vehicles than ever before in history. It also means some flagship model vehicles will either be electrified or undermined by EVs.
Many of the automakers present at the President’s meeting agree that a significant number of new electric vehicles can be produced by 2030. The big caveat is where these vehicles are being built and who is building them. Tesla is an industry leader in electric vehicle production and doesn’t seem keen on using unionized workers. The majority of today’s most popular electric vehicles aren’t American-made and union-built.
We can produce and purchase more electric vehicles in the next decade than ever before. Will the automakers producing these vehicles like Tesla receive the President’s support? Or is the President setting the bar too high for automakers to meet realistically?