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The Auto Industry Needs More Support For Electric Vehicles

A key lobby group in the United States is pushing policymakers to better support the introduction of electric vehicles. In a report recently published by the Alliance for Automotive Innovation, the group says that the automotive industry is “on the cusp of a transformative moment” and that “substantial, long-term investments in electrification, as well as advanced safety technologies,” is needed. The Alliance for Automotive Innovation notes that a comprehensive national vision and “strategy rooted in economic, social, environmental, and cultural realities,” is required if the U.S. is to remain a leader in the development and adoption of electric vehicles. It adds that China has already established dominance in the EV race with its battery supply chain and manufacturing prowess. Europe is also developing its own supply chains while Japan has made a commitment to supporting technology advancements with fuel cells.

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