The auto industry is at a pivotal and transformative point in history, and the Alliance for Automotive Innovation (Auto Innovators) recognizes that the future of personal mobility is increasingly electrified.  The auto industry will invest over $330 billion in vehicle electrification by 2025 and more than double the available number of EV models within roughly the same timespan (over 60 EVs today growing to 130 models by 2026).  These new EV models will include battery electric, plug-in hybrid, and fuel cell electric technologies with longer range, more capability, in different market segments, and at a variety of price points.

The shift to EVs also means expanded roles for utilities, energy regulators, and other stakeholders to create opportunities for new and existing businesses to participate in this shift to a net-zero carbon transportation future.  With this in mind, Auto Innovators remains committed to partnering with public- and private-sector stakeholders to advocate for policies that create viable business models, expand consumer purchase incentives, attract new capital sources, and stimulate competition and innovation to successfully accomplish this shift.

Charging infrastructure is essential to any comprehensive national vision and strategy for EVs.  Consumers simply will not purchase a vehicle they cannot conveniently fuel.  Auto Innovators has published recent materials highlighting the importance of and specific recommendations concerning EV charging infrastructure.  The EV Infrastructure Guiding Principles focus on the importance of infrastructure investments and developments, including legislative and utility-based processes and policies that will support more customers as they buy or lease EVs; and the Recommended Attributes for EV Charging Stations address important considerations for publicly available EV charging.

Consumer interest in EVs is growing rapidly with EV sales doubling last year (4.1 percent) compared to 2020 (2 percent).  Now is the time to ensure we have a long-term vision in place to support expanded EV production, consumer adoption, and supportive policies that will help achieve our shared vision.