Clean mobility industry injects $18 billion into Michigan’s economy annually

LANSING, Mich., May 22, 2018 /PRNewswire/ — The clean mobility sector contributes $18.8 billion for from michigan economical and generates more $700 million in state and local tax revenue every year, according to a new economic analysis published today by Michigan Clean Fuels. The study was conducted by Public sector consultants and analyzed various economic benefits resulting from private sector investments in the research, development and commercialization of clean mobility technologies. Clean mobility includes vehicles that use less polluting alternatives to fossil fuels, such as biofuels, propane, natural gas, hydrogen fuel cells, electrification and hybrids.

“Whether we seek to support advanced mobility innovations like autonomous or connected vehicles, to preserve and develop our skilled workforce, or to do more to support clean energy solutions, clean transportation technologies are truly the backbone of a global arms race towards the next generation of mobility. ,” noted Mike Alaimogeneral manager of Michigan Clean Fuels. “As the automotive capital of the world, Michigan must ensure that our policies reflect the rapid change and fierce competition on the world stage.”

Key findings from the analysis include:

  • The clean mobility sector contributes $18.8 billion for from michigan the economy every year, generating more than $700 million in state and local taxes
  • With indirect and induced jobs, from michigan the clean mobility supply chain contributes more than 69,000 jobs to the state’s economy
  • Michigan currently has 29,000 direct jobs in clean fuel vehicles
  • Technological and political changes will increasingly push the automotive sector towards clean fuels
  • Clean fuel vehicles have huge potential to reduce health costs associated with poor air quality

“The rapid growth of clean fuel vehicles has big implications for from michigan the automotive, technology and energy sectors, which make up a significant portion of the state’s workforce,” said Jeff Guilfoylevice president of Public sector consultants and lead author of the study. “Millions of these vehicles are expected to be on our roads over the next few years. Government policies have played and will continue to play an important role when it comes to examining the ways in which this evolving industry can affect from michigan overall economic health.”

Michigan automakers and utility companies are actively working to support increased adoption of electric vehicles and are seeing the significant benefits of vehicle electrification for Michigan.

“Supporting innovation in the clean fuels sector can reduce costs and help us overcome barriers to adoption of electric vehicles, such as access to charging infrastructure,” said Vince CariotiE-Mobility Director at Contact Phoenix. “As a large private automotive supplier, we see tremendous growth opportunities in from michigan clean fuels sector and we are excited to work to grow our presence there. »

“DTE Energy is working to ensure that plug-in electric and natural gas vehicles (PEV and CNG respectively) are integrated in a way that ensures safe and reliable operation of the grid,” said Rob Bacyinskiresponsible for the commercial development program for natural gas vehicles, Energy DTE and Chairman of the Board of Directors of Michigan Clean Fuels. “We believe that clean fuels and electric vehicles will bring additional benefits not only to the energy grid, but also to customers and the general public.”

The full report is available here.

SOURCE Clean Fuels Michigan