How Biden's win could juice electric vehicle growth

Why it matters: The CSIS primer offers some not-previously-public projections from the research firm BloombergNEF...

• If the U.S. simply reverted back to the Obama-era standards, "by 2023, electric vehicle sales would jump to 15 percent of total car sales and by 2026, to 25 percent." That would be roughly 4 million cars that year.
• Under the Trump administration's less aggressive rules, electric vehicles would not break 5% by then, per BloombergNEF's analysis.

Yes, but: Rewriting regulations is time-consuming and legally fraught, while other Biden proposals — including expanded consumer tax incentives for electric vehicles — face stiff headwinds in Congress.