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U.S. Electric Transportation Workforce Set to Double by 2024

Posted by Adam Winer on Aug 11, 2021

New report finds U.S. electric transportation industry is projected to nearly double over five years, creating an additional 141,000 jobs, with additional 2 million workers able to quickly retrain to benefit from market growth

WASHINGTON, DC, August 11, 2021 — Today national business group Advanced Energy Economy (AEE) released an analysis quantifying the nationwide economic benefits of a growing electric transportation industry. As demand for electric vehicles (EVs) and investment in EV charging infrastructure grows, industry employment is expected to double from 2019 levels to nearly 300,000 jobs by 2024.

“Economic opportunities will ripple throughout the supply chain and maintenance sectors as the domestic electric vehicle industry grows quickly over the next few years,” said Ryan Gallentine, policy director at AEE. “The electric vehicle industry already employs people across all 50 states, and policymakers should expand those opportunities with incentive programs that make it easier for consumers and business fleets to fully electrify.”

The report, Building an Electric Transportation Economy in the United States," produced by BW Research Partnership for AEE, analyzes the current electric transportation industry across the U.S. 

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Topics: Federal Policy, Advanced Energy Employment, Press Releases, Legislative, Manufacturing and Infrastructure

Federal Stimulus Investment in Advanced Energy Infrastructure Could Deliver Trillions to U.S. Economy, Millions of Domestic Jobs, and Billions in Consumer Savings

Posted by Jane Reynolds on Jun 24, 2021

Report shows that proposed $600 billion in federal stimulus investments for advanced energy infrastructure could create millions of jobs, save consumers billions in energy costs, and add $3.5 trillion to U.S. GDP.

WASHINGTON, D.C., June 24, 2021 — Today, national business association Advanced Energy Economy (AEE) released a report quantifying the benefits of proposed national stimulus infrastructure investment in the advanced energy sector. An investment of $600 billion would add $3.5 trillion to the national economy, create more than 28 million new jobs (in job years), generate over $600 billion in annual tax revenue at all levels of government, and save consumers over $74 billion annually on energy costs. The report was released in the midst of active negotiations on an infrastructure package to be considered by Congress. 

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Topics: Federal Policy, Press Releases