Electrically Rebuilding the Auto Industry

Domestic automakers have already faced an extreme loss of sales in 2020, largely due to COVID-19 and its impact on production. Now, the auto industry has greatly reduced the number of staff members working in factories to ensure the safety of workers, and the number of workers may never climb to the height which it was before the pandemic. The auto industry must come up with a solution to build itself back up.

Notably, the pandemic has worked well for the environment. Surface vehicle emission numbers have decreased by over 20-percent. In order to create jobs and keep harmful emissions numbers down, many professionals in the auto industry are turning to the possibility of producing more electric vehicles.

Currently, even the most affordable electric cars are expensive, costing over $30,000 and can be driven around 120 miles on a single charge. The Green-Car New Deal would focus public investment on creating better, cheaper batteries. The infrastructure of vehicles has been left to the private sector, but they all require some sort of charging device.

The deal would support the placement of chargers in practical locations, making it easier for EV owners to charge up if needed. One of the first steps in the plan calls for making the United States Postal Service’s fleet electric. The deal also pushes the financial support of automakers willing to build electric vehicles. The deal aims to help the United States both economically and environmentally following the trying times of the pandemic.