Leading Auto Industry Group Highlights the Importance of the Nation’s Global Competitiveness and Economic Security

 

WASHINGTON, D.C. – The Alliance for Automotive Innovation (Auto Innovators) today released the Auto Innovation Agenda, outlining its vision of the comprehensive national strategy necessary to preserve and enhance U.S. competitiveness in automotive innovation. This comes at a time when the auto industry is on the cusp of tremendous change and as the industry and the nation grapple with COVID-19’s public health and economic consequences.

As the report highlights, the industry “through substantial, long-term investments in electrification, as well as advanced safety technologies,” has committed to “creating a cleaner, safer and smarter future for personal mobility.”

“The auto industry’s COVID-19 response shows the innovative spirit, capabilities and commitment that have long made these companies an economic engine and national asset,” said Auto Innovators President and CEO, John Bozzella. “The shared commitment and sense of national purpose especially demonstrated over the last eight months reminds us of what it will take for the U.S. to remain the bedrock of innovation.  Our members are dedicating hundreds of billions of dollars developing the transformative technologies that will redefine automotive transportation, everything from AVs to EVs. Realizing these technologies’ true benefits requires all stakeholders be collaborative, cooperative, and creative.  We want to come together to develop the comprehensive vision that puts the industry’s 10 million U.S. workers, our nation’s economy and our customers at the forefront of automotive innovation.”

The Agenda represents a broad, holistic vision of the complementary supply and demand-side policies necessary to support U.S. leadership at this transformative moment. Supply-side recommendations include: incentivize research and development, modernize regulatory approaches for advanced technologies, support manufacturing investments, and encourage workforce evolution. On the demand side, the report outlines the need for consumer incentives, infrastructure investment, building codes, and ways for governments to lead by example.

“The nations that lead the development and adoption of innovative technologies, such as electrification, connectivity, and automation, will also shape supply chains, define global standards, and potentially, reshape the international marketplace,” the report states. “This is not just about the future of the auto industry in the U.S. — it is about the nation’s global competitiveness and economic security.”

To see the full Auto Innovation Agenda, please click here:

www.autosinnovate.org/InnovationAgend