WASHINGTON (Reuters) – An auto trade group warned on Tuesday that aggressive U.S. targets for reductions in vehicle emissions may rely on a too rapid transition to electric vehicles (EVs) and pose challenges with manufacturing and supply chains.
The U.S. Environmental Protection Agency’s (EPA) has proposed sharp emissions cuts that it estimates would result in 60% of new vehicles by 2030 being electric and 67% by 2032.
The Alliance for Automotive Innovation, representing General Motors, Toyota Motor, Volkswagen AG, Hyundai Motor and others, said automakers will struggle to meet those targets because of problems with the supply chain for EV batteries, motors and chargers as well as consumer resistance.
(Reporting by David Shepardson; Editing by Cynthia Osterman)