Envirotech Vehicles Inc (EVTV)

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Biden Infrastructure Plan Targets Electric Cars, Clean Power

(Bloomberg) -- President Joe Biden is calling for sweeping investment in electric vehicles, renewable power and the electric grid as part of a broad blueprint to bolster the U.S. economy while combating climate change.

The president’s plans, part of a $2.25 trillion infrastructure and stimulus blueprint he is set to unveil in Pittsburgh on Wednesday, are meant to catalyze investments in a clean energy economy and encourage low-emission technology necessary to constrain global warming. They also could buttress a carbon-cutting pledge the administration is preparing to unveil in April, as part of the U.S. return to the Paris climate agreement.