News

A new joint report from Advanced Energy United and the Electrification Coalition estimates up to $277 million in savings for Florida government entities when vehicles’ lifetime fuel and maintenance costs are considered. 

TALLAHASSEE, Fla., March 20, 2023 – A new report from national business association Advanced Energy United found the state of Florida could save almost $280 million by considering the total cost of ownership in vehicle procurement decisions, compared to the current practice of only considering purchase price. The report, a joint effort between Advanced Energy United and the Electrification Coalition with support from Atlas Public Policy, highlights the lower lifetime maintenance costs that ultimately make an electric fleet significantly more affordable for the state. 

Standard will ensure 100% of new cars sold in state will be zero-emission or plug-in hybrid by 2035 

ALBANY, NY, September 29, 2022 – Today, national business group Advanced Energy Economy (AEE), and electric vehicle manufacturer Rivian, commended Governor Kathy Hochul for committing New York to adopt the Advanced Clean Cars II (ACC II) rule. Building upon the original 2012 ACC program, ACC II establishes a year-by-year roadmap to ensure 100% of new cars and light trucks sold in New York will be zero-emission vehicles (ZEVs) and plug-in hybrid electric vehicles (PHEVs) by 2035.

“Adopting this program sends a loud and clear message to carmakers that New Yorkers want electric vehicles,” said Leah Meredith, Principal at AEE. “With electric vehicles in high demand but currently in short supply, carmakers are prioritizing the states that speak up, and the Governor’s announcement helps ensure that New Yorkers will have the full range of electric vehicle models to choose from. And by increasing the number of new electric vehicles in New York, this program will also quicken the development of a robust market for used electric vehicles.”

AEE applauds Gov. Hochul’s commitment in her State of the State address and stresses the need for robust, immediate, and equitable state incentives to help school districts cover upfront infrastructure costs and further accelerate progress toward New York’s clean energy goals.

ALBANY, January 5, 2022 — Today national business group Advanced Energy Economy (AEE) commended New York Governor Hochul’s bold commitment to accelerate electric school bus deployment in this afternoon’s State of the State address. AEE has been a leading voice among a coalition of groups calling on New York to further invest in electric school buses, which would not only generate long-term savings for school districts, but also improve air quality for students, and help the state meet its clean transportation goals.

Californians also support Congress passing an infrastructure bill to help electrify transportation and modernize California’s energy infrastructure

SACRAMENTO, September 8, 2021 – Efforts to electrify California’s transportation are welcomed by a majority of residents, according to a new statewide poll conducted by YouGov for Advanced Energy Economy Institute, a nonprofit educational affiliate of national business group Advanced Energy Economy (AEE).

51 percent of California residents say they approve of Governor Gavin Newsom’s executive order that would require all new passenger cars and trucks sold in California to be zero-emission by 2035. Only 29 percent of California residents say they disapprove of the order, and 20 percent remain unsure.

Report shows that each dollar of public investment in electric vehicles, infrastructure, and support results in a nearly $5 return; $274 billion in stimulus would add $1.3 trillion to U.S. GDP, attract private investment, create millions of jobs, and provide savings for consumers and businesses. 

WASHINGTON, D.C., June 16, 2021 — Today national business group Advanced Energy Economy (AEE) released an analysis showing that public stimulus investment of $274 billion in transportation electrification would deliver $1.3 trillion to the U.S. Gross Domestic Product, create 10.7 million jobs (in job years), and generate $231 billion in savings for consumers, governments and businesses, while accelerating the move to electric vehicles.

House votes 41-24 to pass Senate Bill 260, providing sustainable funding streams for the state’s vehicle electrification programs and transportation infrastructure.

DENVER, June 2, 2021 — Today, national business group Advanced Energy Economy (AEE) applauded the Colorado legislature for passing comprehensive transportation funding legislation, Senate Bill 21-260*. Approved by the House 41-24, SB 260 will invest over $730 million to accelerate Colorado’s zero-emission vehicle market over the next decade. Having passed concurrence in the Senate, the bill now heads to Governor Polis for his expected signature.