Declaring the U.S. must “move fast” to win the carmaking future, President Joe Biden on Thursday touted a commitment from the auto industry to make electric vehicles up to half of U.S. sales by the end of the decade. Biden wants automakers to raise gas mileage and cut tailpipe pollution between now and model year 2026. That would mark a significant step toward meeting his pledge to cut emissions and battle climate change as he pushes a history-making shift in the U.S. from internal combustion engines to battery-powered vehicles. He also urged that the components needed to make that sweeping change — from batteries to semi-conductors — be made in the United States, reflecting a balance to gain both industry and union support for the environmental effort, with the future promise of new jobs and billions in new federal investments in electric vehicles. Pointing to electric […]