
Amid the United Auto Workers union strike against the Big Three automakers, the Biden administration is maintaining the demand for electric vehicles will continue to rise and that U.S. companies must continue to innovate to become more competitive with China.
“The real question is, how do we ensure that we put the industry on a pace to achieve the necessary goals to reduce the level of emissions that we are looking for, and ensure that we have the workforce and the market to accept that?” said Michael Regan, 16th administrator of the U.S. Environmental Protection Agency, during the Fortune Global Sustainability virtual forum on Thursday.