US President Joe Biden has announced his intention to replace the US government’s federal fleet with “clean electric vehicles (EV) made right in in America, by American workers,” with promises of a million jobs across the auto supply chain.
Details and timelines of Biden’s federal EV transition remain unclear but with a government fleet of 645,000 vehicles, according to 2019 data from the Federal Fleet Report, it would represent a significant upsurge in US cell demand.
Benchmark’s analysis – based on the assumption that the full US government fleet converted to 100% battery electric vehicles – shows it . . .