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What are the implications of a Biden presidency for Canada’s ZEV industry?
A pro-EV pivot, led by a return to stronger fuel economy standards, seems certain. But the biggest benefits for Canadian industry likely hinge on reducing protectionist supply chain barriers. Dan Woynillowicz sets out the landscape.
President-elect Joe Biden is a “car guy” and the proud owner of a vintage 1967 Chevy Corvette. At first blush, that might not bode well for EV champions in the U.S. But the good news is that he’s also a climate hawk elected on a platform that includes the goal of creating 1 million new auto-sector jobs.
As he put it in this Twitter post during the Democratic convention: “When I hear the words ‘climate change,’ I hear another word: ‘jobs.’ We can solve our climate crisis and our economic crisis at the same time.”
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