The plan was announced just a day after industry advocates asked Biden to invest in EV infrastructure. 

Automakers have already begun investments into electric, electric-hybrid and other alternative fueled vehicles that could reach $250 billion by 2023.

The automaker has hopes of developing electric vehicles that can travel 500 to 600 miles on a full charge.

Valvoline credits its research and development group which has introduced advanced technologies to reduce greenhouse gas emissions.

In February, Shell announced its plans to become carbon neutral by 2050. But what steps does it need to take to get there?

As part of the effort, by the early 2030s every new Nissan vehicle in Japan, China, the U.S. and Europe will be electrified.