Autos

U.S. automakers to say they aspire to up to 50% of EV sales by 2030, sources say

Key Points
  • The White House is planning an event Thursday with President Joe Biden and executives on electric vehicles from General Motors, Ford Motor and Chrysler parent Stellantis, as well as the administration's proposed revisions to fuel economy requirements through the 2026 model year.

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Mary Barra, Chairman and CEO of General Motors, and Mark Reuss, Executive Vice President of GM Global Product Development, reveal the Chevrolet Bolt EV to the news media at the 2016 North American International Auto Show January 11th, 2016 in Detroit, Michigan.
Bill Pugliano | Getty Images

Detroit's Big Three automakers plan to announce on Thursday they aspire to have 40% to 50% of new vehicle sales by 2030 be electric models, sources briefed on the matter said.

The White House is planning an event Thursday with President Joe Biden and executives on electric vehicles from General Motors, Ford Motor and Chrysler parent Stellantis, as well as the administration's proposed revisions to fuel economy requirements through the 2026 model year.