Energy Sec. Granholm: Biden’s Build Back Better Agenda Will Have Incentives to Buy Electric Vehicles

‘It’s a multiyear bill’

RUSH EXCERPT:

GRANHOLM: “Yeah, well, as you probably know, the auto industry itself has said that they want half of their fleet to be electric new vehicles sold by 2030. This is a transition. Right now we’re not there yet but we want to make sure one of the reasons that people aren’t buying electric vehicles to the extent that they could be is because there aren’t charging stations. So there is a significant amount in the bipartisan infrastructure bill to build out that network. Right now charging stations are largely in places where electric vehicles already are, a chicken and egg. Rural areas, poorer areas have access to the fuel that’s necessary and then in the build back better agenda, there will be incentives to purchase electric vehicles that will bring the cost down to the same level as gas-powered vehicles. All of that is happening. This is part of the long-term, the build-out of this will occur over the next few years. It’s not going to happen in one year. It is a multiyear bill. This is why the president has his eye on the future to make sure beget the clean energy necessary to make sure that the United States is taking advantage of this new global economy, having just come back from glasgow yesterday, it’s really important for us to stake, take a stake in this whole clean energy economy.”

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