$174 Billion
The amount President Joe Biden’s proposed American Jobs Plan would direct toward electric vehicles (EVs), including funding to create a network of 500,000 EV charging stations across the United States by 2030. But the U.S. market for EVs, along with the market for battery production and disposal, must catch up to the demand analysts predict will exist by 2030.
2%
Portion of the 17 million new vehicles sold in the United States in 2019 that were EVs.