Last month, the Electric Drive Transportation Association® (EDTA) held its 2019 Annual Member Meeting in Washington, DC. The meeting featured key Congressional and executive branch speakers who discussed electric drive priorities, including a policy outlook in the 116th Congress, DOE’s ATVM Loan Program and a Congressional staff panel discussion on infrastructure.
We’ve been active in EDTA for over four years and we’re extremely proud to be a member of the Board of Directors. LORD attended this meeting along with representatives from the entire value chain for electric vehicles—including many OEMs; infrastructure, charging systems, and materials companies; and market researchers. Below are our three main takeaways from this event:
1. There’s a lot more work to be done to support the advancement of the electric vehicle market
It's no question that federal tax credits and subsidies directly correlate to the adoption of electric vehicles (EVs). Over the past ten years, great strides have been made to advance this market in the U.S. but there is still more work to be done as it continues to ramp up. Events like this one are a powerful way for key thought leaders and change-makers to come together towards our common goal.
2. There may be a new infrastructure bill coming to the House of Representatives in 2019
Incentives for electric vehicles and infrastructure is helping accelerate the growth of this market. The DOE reports nearly 25,000 electric charging stations across the United States, however, with rapid adoption from consumer and commercial fleets, a significant investment needs to be made to serve this growth. EDTA is recommending support in the infrastructure bill for existing policies including the DOE’s Clean Cities Program, the Department of Transportation’s Alternative Fuel Corridors and the Congestion Mitigation and Air Quality Improvement (CMAQ) program. They are also hoping to achieve federal support of charging networks around the country.
3. There are concerns that the U.S. is falling behind Europe and China without continued support
Research and development are a key component to the advancement of this industry in America. In 2019, EDTA and its members will continue fighting for DOE funding that contributes to innovation in electric vehicles, infrastructure, batteries and power electronics. Federally funded programs such as those led by the DOE, ARPA-E, and Clean Cities Program, enable the U.S. to lead in the global technology and sustainable e-mobility race.
EDTA President Genevieve Cullen commented on the event. “Our annual meeting and lobbying day are key EDTA benefits and available to the entire membership. This provides a unique opportunity for our membership to gather together and interact with both their colleagues in EDTA and policymakers in Washington, DC.” Cullen said. “This is our fifth advocacy day on Capitol Hill and with a new Congress just beginning, it was timely for EDTA members to educate policymakers about the importance of electric drive and the tax, research and infrastructure policies that will accelerate its adoption.”
At LORD Corporation, we are dedicated to the EV space and are helping enable the EV revolution. Our team members are strong advocates for this market and met with many Congressional offices as part of EDTA’s advocacy day to discuss how heavily invested our company is in the success of this industry.