In an article published by Bloomberg News, Toyota and Stellantis, two of the world’s largest automakers, have criticized a Biden administration plan to boost electric vehicle sales in the United States. The plan would require automakers to sell increasing percentages of electric vehicles in the coming years, with 24% in 2026, 35% in 2028, and 50% in 2030. Toyota and Stellantis argue that these targets are unrealistic, given that electric vehicles currently make up less than 10% of the U.S. market.
They also say that the plan would discriminate against plug-in hybrid vehicles, which are more affordable than battery-electric vehicles. The Biden administration has defended the plan, saying that it is necessary to address climate change and that it will help to create jobs in the clean energy sector.