WASHINGTON, DC—Resources for the Future (RFF) today released a new installment of Resources Radio: “What's Driving the Future of Automobiles?, with Ellen Hughes-Cromwick.”
Host Daniel Raimi talks with Ellen Hughes-Cromwick, a senior economist at the University of Michigan Energy Institute and former chief economist at both the US Department of Commerce and the Ford Motor Company. Hughes-Cromwick discusses critical developments in the automotive industry: how electric and autonomous vehicles are changing the market landscape, how companies are adapting to take advantage of these new technologies, and the role climate policy plays in shaping the vehicles of the future.
Notable quotes from the podcast:
- “The degree to which the Chinese government has supported and stimulated battery manufacturing and electrified vehicle startups—that has laid the groundwork for other companies to kind of sit up and take notice and … really to sell into that very large market.”―Ellen Hughes-Cromwick (19:34)
- “As we look at this transition to electrified transportation, we have to be very considerate of workforce development and policies that help the transition from the existing infrastructure to new infrastructure … it is an imperative for our policymakers and for our business leaders to make sure that that transition can be successful.”―Ellen Hughes-Cromwick (9:58)
- "Companies and businesses require a little more certainty around policy, and they developed business plans to achieve the CAFE standards … to freeze or reverse or change that would represent additional cost and effort on the part of companies. They've dedicated capital to achieve that."―Ellen Hughes-Cromwick (13:12)
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