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EDTA's Electric Drive Priorities in HR1

1. Green Manufacturing Jobs

WE ASKED FOR: 

“Grants and loan availability in the near term will speed the substantial industry investments in production facilities and engineering integration that are necessary to transform the vehicle industry and build an advanced vehicle fleet. …A $2 billion investment, however, would be more effective if concentrated in grants for batteries and components, which have been the subject of an expedited rulemaking and could be distributed more rapidly. “ 

HR 1:

  • $2 billion in grants for advanced batteries and components

2. Promote Investment and Sales through the Tax Code

WE ASKED FOR: 

“…a comprehensive tax strategy for accelerating plug-in electric drive, including: expensing and loan options for large scale investments in new and re-equipped facilities; increasing the plug-in electric drive vehicle credit phase-out trigger… providing consumers incentives to purchase a wider variety of road-ready plug-in electric drive vehicles; expanding and extending the alternative fuel vehicle recharging credit; and accelerating depreciation of smart meters.”    

HR 1:

  • Promote investment - Expansion of the 30% advanced energy credit to explicitly include plug-in vehicle manufacturing investments;  
  • Increased phase-out trigger - 200,000 vehicles per manufacturer;
  • Wider array of eligible vehicles – 10% credit for 2&3 wheel vehicles, low speed vehicles and conversion kits; and  
  • Expanded alt fuel recharging credit – temporary increase from 30% to 50% credit, up to $50,000 ($2000 for residential property) – up to $200,000 for hydrogen refueling property  

3. Accelerate Deployment of Advanced Transportation Technologies

WE ASKED FOR: 

“In particular, we endorse the inclusion of $200 million provided for EISA’s Section 131 provided in both bills…However, we ask that you modify the House statutory language to ensure that all of the originally authorized participants… are eligible.

… support the inclusion of funds for a Clean Cities-based deployment program for plug-in and emerging electric vehicles and urge you to provide the House level of $400 million.”

…Federal fleet purchases are also an effective tool in building markets and investment in advanced vehicles and we would appreciate the Congress’ support for a robust effort to acquire electric drive vehicles.”

HR 1:

  • $400 million for Transportation electrification, omitting Housel language limiting participants
  • $300 million for the Clean Cities-based Alternative Fueled Vehicles Pilot Program
  • $300 million for GSA purchases of efficient vehicles, explicitly including hybrid vehicles; electric vehicles; and commercially-available, plug-in hybrid vehicles