The Biden administration has set a goal that 50% of new car sales will be electric by 2030 – but that goal is only possible if manufacturers are themselves making the transition to electric. Below are the electrification expectations from the top 15 car companies in the US:
In January of 2021, GM announced a goal to “eliminate tailpipe emissions” from new cars by 2035 – meaning all cars sold after that year would be battery electric vehicles (BEVs).
The timeline for Buick and Cadillac is even sooner – an all-electric fleet in North America by 2030. By that year, GM aims to have EVs comprise 40-50% of total US sales.
In May of 2021, Toyota announced an expectation that BEVs and fuel cell electric vehicles will make up 15% of US sales by 2030. Including plug-in hybrids and traditional hybrids, 70% of sales will be electric.
In line with its peers GM and Stellantis, Ford hopes that 40-50% of its US sales are electric or plug-in hybrid vehicles by 2030. It has committed to an entirely electric fleet by 2040.
Hyundai does not appear to have made a specific commitment to EVs as a percentage of sales, but is targeting 7% of the global EV market by 2030.
Honda is targeting 40% of North American sales to be BEVs and FCEVs by 2030, 80% by 2035, and 100% by 2040.
By 2030, Nissan hopes that 40% of its US sales will be electric.
Tesla is famously an all-electric brand, with its own network of chargers.
Volkswagen expects half of its US sales to be EVs by 2030, with all-electric offerings in Europe in 2035 and in the U.S. soon after.
Subaru hopes that by 2030, at least 40% of its global sales will be electric. Later that decade, its entire fleet should be all-electric.
BMW aims to achieve 40-50% of its sales being electric by 2030.
Mazda expects that 25% of its sales will be electric by 2030.
Volvo hopes that 50% of its sales are fully electric by 2025 and 100% electric by 2030. Polestar is already an exclusively electric brand.
Jaguar aims to be all-electric by 2025. By 2030, 60% of Land Rovers should be all-electric, with the transition complete by 2035.
AAA’s Recommendation: Whether you own an electric vehicle or a gas-powered car is up to you – and you should consider lots of factors in making that choice. No matter what type of vehicle you’re choosing, we recommend visiting a dealership, test driving one, and asking as many questions as possible to make an informed decision.
