Green new ride: 2020ers race toward an electric car future. President Trump has other ideas.
Getting too far behind the times could mean not being able to sell cars in major markets around the world.
“It’s never come,” Smith said. “But this is the first time where I see the automotive industry putting unimaginable amounts of money into it.” This is where Democratic proposals could make a big dent in the timeline for adopting electric vehicles. Virtually all the front-runners in the polls, including candidates like former Vice President Joe Biden who have not proposed a firm date for phasing out fossil-fueled cars, have plans to spend billions of dollars on. Expanding tax credits for purchases of the vehicles could also encourage people to switch.
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