For Immediate Release
Director of Media Relations
July 22, 2016
Fact Sheet: $4.5 Billion for Electric Vehicle Infrastructure Should Focus on Corridors, Home and Workplace Charging; Continued Emphasis Needed on Accelerator Communities
Washington, D.C. – The Electrification Coalition (EC) today recognizes the Department of Energy’s (DOE) decision to allocate $4.5 billion in loan guarantees to expand the nation’s electric vehicle charging infrastructure and encourage the widespread adoption of electric vehicles. Increasing fuel diversity in the transport sector is an urgent priority to sever the nation’s dependence on oil and boost American energy security.
“Charging infrastructure is an important priority when getting electric vehicles on the road, but it’s not the only piece of the puzzle,” said Robbie Diamond, CEO of the Electrification Coalition. “Dollar for dollar, infrastructure is most valuable when it is accompanied by robust consumer education, public-private partnerships, experiential marketing, and support from the business community.”
The EC notes a number of important considerations when it comes to EV deployment and charging infrastructure:
Over the past four years the Electrification Coalition has launched a thriving EV accelerator community in Northern Colorado, where electric vehicle sales are often over three times the national average on a percentage basis. Drive Electric Northern Colorado (DENC) leverages partnerships with the local government, university, dealerships, and the business community to educate consumers on the benefits of electric vehicle ownership. Critical to this approach has been an experiential marketing program, workplace charging, and a favorable regulatory framework to drive EV adoption. Additionally, residents are never more than six miles from a charging station. The EC is currently working to apply the lessons from its success towards the $50 million Smart City Challenge project in Columbus, Ohio.
About the Electrification Coalition
The Electrification Coalition is a nonpartisan, nonprofit group of business leaders committed to promoting policies and actions that reduce America’s dependence on oil by facilitating the deployment of electric vehicles on a mass scale. The members of the Electrification Coalition are leaders of companies representing the entire value chain of an electrified transportation system. For more information, visit www.electrificationcoalition.org.