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WASHINGTON, Aug 5 - U.S. President Joe Biden willsign an executive order on Thursday setting a target to makehalf of all new vehicles sold in 2030 zero-emissions vehiclesand propose new vehicle emissions rules to cut pollution through2026, the White House said.
Biden's goal, which is not legally binding, won the supportof major U.S. and foreign automakers who warned it would requirebillions of dollars in government funding.
General Motors Co, Ford Motor Co andChrysler-parent Stellantis NV confirmed in a jointstatement that they aspire "to achieve sales of 40-50% of annualU.S. volumes of electric vehicles... by 2030." Reuters reportedthe planned automaker announcement on Tuesday.
Biden's 50% goal and the automakers' 40-50% aspirationincludes battery electric, fuel cell and plug-in hybrid vehiclesthat also have a gasoline-engine.
Biden has repeatedly resisted calls from many Democrats toset a binding requirement for EV adoption or to followCalifornia and some countries in setting 2035 as a date to phaseout the sale of new gasoline-powered light duty vehicles in theface of opposition by the United Auto Workers (UAW) union.
UAW President Ray Curry noted the EV goal but said "the UAWfocus is not on hard deadlines or percentages, but on preservingthe wages and benefits that have been the heart and soul of theAmerican middle class."
Biden's new executive order sets a new schedule fordeveloping new emissions standards through at least 2030 forlight duty vehicles and as early as 2027 for larger vehicles.
Dan Becker, director of the Safe Climate Transport Campaign,said the plan "relies on unenforceable voluntary commitmentsfrom unreliable car makers....Voluntary pledges by autocompanies make a New Year’s weight-loss resolution look like alegally binding contract."
Biden plans a White House event with automakers on Thursday.
The Detroit 3 automakers said the aggressive EV sales goalscan only be met with billions of dollars in governmentincentives including consumer subsidies, EV charging networks aswell as "investments in R&D, and incentives to expand theelectric vehicle manufacturing and supply chains in the UnitedStates."
Hyundai said it supports the 2030 40-50% EVsales goal. Toyota said in a statement the goal was"great for the environment" and added "you can count on Toyotato do our part."
U.S. regulators plan to propose revising former PresidentDonald Trump's March 2020 rollback of fuel economy standards.Trump required 1.5% annual increases in efficiency through 2026,well below the 5% yearly boosts set in 2012 by President BarackObama's administration.
Biden's proposed rules, which cover 2023-2026, are expectedto be similar in overall vehicle emissions reductions toCalifornia's 2019 deal with some automakers that aims to improvefuel economy 3.7% annually through 2026, sources told Reuters.BMW, Honda, Volkswagen, Fordand Volvo Cars -- which previously struck theCalifornia deal -- -- said in a joint statement they support the"administration's goal of reaching an electric vehicle future"but also said "bold action from our partners in the federalgovernment is crucial to build consumer demand for electricvehicles."