Accelerating Toward a Zero Pollution Transportation Future
[Staff, 2022-12-14 20:03:56,
This Blog is part of NRDC’s Year-End Series Reviewing 2022 Climate & Clean Energy Developments
An electric bus on the Metro G Line recharges at the Metro Orange Line Busway in the San Fernando Valley, Los Angeles County, California, on July 27, 2020. Metro Library and Archive, CC BY-NC-SA 4.0
Creative Commons
2022 saw historic announcements to invest and build electric vehicles and clean mobility infrastructure. The big opportunity in 2023 is to lock-in deployment and investments through standards.
The United States is now poised to attract hundreds of billions in private investments in transportation electrification, for the first time catching up in the global competition with the European Union and China. Those investments are being spurred by not only growing consumer demand for electric vehicles (EV), but the Biden Administration’s move to tighten federal clean car standards, Biden and Congress collaborating on the largest U.S. investments in EV manufacturing and tax credits under the Inflation Reduction Act, and the industry seeing EV technologies outcompete in terms of costs and performance thanks to technological advancements. These record investments in a new, cleaner future will boost the economy, create jobs in communities across the country, and allow millions to break free from the rollercoaster of gasoline prices.
Let’s go through some of…
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