Newly elected U.S. President Joe Biden has wasted no time signing executive orders since he took office two weeks ago, including one that directs the U.S. to rejoin the Paris Climate Agreement – a move praised by Ford. Biden’s focus on reducing emissions, promoting EV adoption, and improving infrastructure also promises to have a major impact on the way automakers do business, including Ford.
Now, Joe Biden and his administration have started discussions with automakers about reducing greenhouse gas emissions, White House domestic climate change adviser Gina McCarthy told Reuters. The talks are part of a broader effort to compel the entire U.S. power sector to become carbon neutral by 2035, with the entire economy following suit by 2050. Currently, Ford is planning on achieving carbon neutrality by 2050.
“We’re already having conversations with the utility world and we’re having conversations with the car companies,” McCarthy said. “The car companies understand now that the future for them is electric vehicles … so we’re going to be sort of working to make sure that we move forward with some kind of an agreement on that and a strategy to get us out of the gate fast.”
The White House has already met with several major automakers including General Motors, which recently said that it would aim to sell only electric vehicles by 2035.
Ford seems poised to embrace these efforts after its public support of the Paris Climate Agreement and also recently urged other automakers to back California’s more stringent emissions standards. In the meantime, the automaker is working on revamping its lineup and adding more EVs, beginning with the Ford Mustang Mach-E and E-Transit, with a future model built on Volkswagen’s MEB platform on the way as well.