‘With the right complementary policies in place, the auto industry is poised to accept the challenge of driving EV purchases to between 40 and 50 percent of new vehicle sales by the end of the decade.’
The following statement is attributable to Alliance for Automotive Innovation President and CEO John Bozzella:
“Auto manufacturers are committed to a net-zero carbon transportation future, and we look forward to working with the Administration as we evaluate EPA’s proposed changes to light-duty vehicle standards for Model Years 2023-2026.
“Collectively, the auto industry has committed to investing more than $330 billion to bring exciting new electric vehicles (EVs) to market, including plug-in hybrid, battery and fuel cell EVs. And we support stringent GHG and fuel economy standards that are aligned and encourage continued improvements. As we look beyond 2026, the industry’s shift to electrified cars, trucks and SUVs will drive significant GHG reductions to fight climate change and make a better world for future generations. With the right complementary policies in place, the auto industry is poised to accept the challenge of driving EV purchases to between 40 and 50 percent of new vehicle sales by the end of the decade. Federal and state governments—and all stakeholders—will need to provide significant support for consumers, infrastructure and innovation. The auto industry has stepped up—investments in electrification globally will exceed $330 billion by 2025. But all levels of government will need to do their part for this challenge to succeed.
“The U.S. needs to rapidly expand its charging and hydrogen fueling infrastructure, retool existing manufacturing facilities and build new ones, prepare and position our workforce to lead this transition, and provide consumer incentives to make these vehicles affordable and accessible to a wide range of customers.
“Future GHG rules aligned with industry investment, and supportive governmental policies will be essential to significantly reducing GHG emissions, while maintaining a vital U.S. auto manufacturing sector and the millions of jobs it supports. We urge the Biden Administration and policymakers to continue advancing measures that will support the broad and equitable consumer adoption of electric-drive vehicles and that align environmental progress, vehicle affordability, and U.S. economic competitiveness.”