The Wall Street Journal
November 9, 2020
A Biden administration could mean lots of change for the auto industry along with a sense of déjà vu, with many of the president-elect’s plans echoing the Obama-era playbook on electric vehicles and stricter auto-emission limits.
Electric vehicles are key to Mr. Biden’s economic ambitions and pledge to create one million auto-sector jobs. His $2 trillion infrastructure plan calls for installing a half-million charging stations nationwide. Such support could be a boon for Tesla Inc., General Motors Co. and other car companies rushing to sell more battery-powered vehicles.
Mr. Biden is expected to push for tougher fuel-economy regulations for auto makers and has said he plans to work with California and other states on aligning requirements for emissions.