Statement attributable to Auto Innovators President and CEO John Bozzella:
“This report underscores that the industry has made significant progress in improving fuel economy and reducing GHG emissions, but the standards are becoming increasingly challenging to meet using technology alone. That is why policies that support continued innovation in vehicle electrification and other GHG-reducing technologies, and the market for them, are critically important. The auto industry is investing $330 billion in electrification by 2025, and IHS Markit expects there to be over 130 EV models available in the U.S. by 2026, up from the almost 60 models today. Auto Innovators is committed to achieving a cleaner, safer, and smarter future. With the right complementary measures, including federal investment and supportive policies, the progress highlighted in this report can continue and the shared goals of the Administration and the auto industry can be reached.”
Background:
- With respect to standards becoming increasingly challenging to meet using technology alone, see the 2021 EPA Fuel Economy Trends Report here.
- Auto Innovators supports a goal of achieving 40 to 50 percent U.S. electric new vehicle sales by 2030 (including battery electric, plug-in hybrid electric, and fuel cell electric vehicles), which will require sustained state and federal actions to support electric vehicles.
- Auto Innovators generally supports the recently proposed EPA greenhouse gas standards with appropriate and necessary flexibilities that help encourage innovation and advanced technologies.
- In October 2021, Auto Innovators requested that NHTSA set CAFE standards consistent with the GHG standards proposed by EPA.