Key Points
- Gas-powered cars could become quite scarce if the plans put forward in a new government blueprint come to light. The blueprint follows years of ambitious targets as the United States and other countries move towards carbon neutrality. Some of the more ambitious plans that have been confirmed include President Biden’s goal of electric vehicles comprising half of all vehicle sales by the end of the decade. The sale of new gas powered cars is also expected to be banned in most states by 2035, and in most countries by 2040.
- Many companies are on board with the idea of going electric, too. This includes Ford, who aim to only manufacture and sell electric passenger vehicles in Europe after 2030. Other major manufacturers, including Dodge, Hyundai, and Volkswagen have spoke about similar plans.
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