Vehicle Innovation Act 2023: Accelerating Research for Cleaner, Fuel-Efficient Cars
This Act aims to accelerate research and development of advanced vehicle technologies in the US, leading to a wider choice of cars that use less fuel and produce fewer emissions. Citizens can expect faster market introduction of more efficient and environmentally friendly vehicles, including electric, hydrogen, and hybrid models, supported by nearly $1.7 billion in authorized funding from 2024 to 2028. The legislation also focuses on strengthening domestic manufacturing and job creation.
Key points
Greater Vehicle Choice: The Act supports the development of diverse technologies (batteries, fuel cells, next-gen combustion engines, lightweight materials), increasing the availability and variety of vehicles for consumers.
Fuel Savings and Cleaner Air: A primary objective is improving fuel efficiency and reducing emissions across all vehicle types, potentially lowering car operating costs and improving air quality.
Battery Recycling Support: A research and demonstration program is established for the secondary use and recycling of electric vehicle batteries, crucial for sustainable electromobility.
Infrastructure Investment: Funding is allocated for developing charging and refueling infrastructure for alternative-fueled and electric vehicles, specifically addressing challenges in rural areas.
Support for Heavy Transport: A dedicated program focuses on advanced technologies for trucks, buses, and commercial vehicles, impacting the efficiency of goods transportation.
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