Statement Attributable to Alliance for Automotive Innovation President and CEO John Bozzella:
“We applaud the bipartisan efforts that resulted in Senate passage of the Infrastructure Investment and Jobs Act. In particular, the $7.5 billion included for electric vehicle charging can certainly help jumpstart public investment in a nationwide charging network. Collectively, the auto industry has committed to investing $330 billion in electric vehicles (EVs), including plug-in hybrid, battery and fuel cell EVs. While today’s action represents a strong first step, collaboration on a comprehensive strategy will be key moving forward. We are working with Congress to craft the additional complementary policies necessary to further boost investment in the domestic EV supply chain and incentives that encourage consumer adoption of EVs. Realizing these necessary conditions for a successful EV market will be critical to boosting EV sales from just over two percent of vehicle sales now, to achieve a goal of 40 to 50 percent EV penetration by the end of the decade.”