Bill Overview
Title: Shifting Forward Vehicle Technologies Research and Development Act
Description: This bill establishes several programs that support research and development related to advanced energy technologies for vehicles, such as plug-in electric vehicles or electric drive trains.
Sponsors: Rep. Stevens, Haley M. [D-MI-11]
Target Audience
Population: People involved in or using advanced vehicle technologies worldwide
Estimated Size: 50000000
- The bill focuses on vehicle technologies, specifically on advanced energy technologies, such as those used in electric vehicles.
- The global automotive industry directly impacts manufacturers, engineers, and researchers focused on advanced vehicle technologies.
- The wider automotive sector, including component manufacturers and parts suppliers, will be affected as they adapt to the technological shifts.
- Consumers globally who are transitioning to electric vehicles will be impacted as advancements may improve vehicle options or costs.
- Policymakers and regulatory bodies across the world may also see impacts as standards for vehicles update in response to technological advancements.
Reasoning
- The policy target includes stakeholders directly involved in the automotive industry such as engineers, manufacturers, and researchers focused on vehicle advancements.
- Additionally, consumers who are adopting electric and plug-in vehicles will experience indirect effects, namely through changes in the cost and efficiency of these vehicles.
- Given that the budget allocation is considerable but not limitless, a direct and significant impact is likely on individuals closely tied to the R&D and manufacturing sectors.
- The general population may see indirect effects through availability and affordability of updated vehicle technologies over a longer term.
Simulated Interviews
Automotive Engineer (Detroit, MI)
Age: 34 | Gender: male
Wellbeing Before Policy: 7
Duration of Impact: 10.0 years
Commonness: 8/20
Statement of Opinion:
- This policy could boost our electric vehicle projects and open up more opportunities.
- I'm hopeful this will lead to more job security in the field.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 7 |
| Year 2 | 8 | 7 |
| Year 3 | 9 | 7 |
| Year 5 | 9 | 7 |
| Year 10 | 9 | 6 |
| Year 20 | 8 | 6 |
Research Scientist (New York, NY)
Age: 45 | Gender: female
Wellbeing Before Policy: 6
Duration of Impact: 10.0 years
Commonness: 7/20
Statement of Opinion:
- More funding for research in vehicle tech is crucial.
- I think it could accelerate breakthroughs in battery life and efficiency.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 6 |
| Year 2 | 7 | 6 |
| Year 3 | 7 | 6 |
| Year 5 | 8 | 6 |
| Year 10 | 8 | 5 |
| Year 20 | 7 | 5 |
Electric Vehicle Owner (San Francisco, CA)
Age: 38 | Gender: male
Wellbeing Before Policy: 7
Duration of Impact: 3.0 years
Commonness: 10/20
Statement of Opinion:
- I'm optimistic that this policy will reduce costs for electric vehicles.
- My hope is for improvements in charging infrastructure.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 7 | 6 |
| Year 3 | 8 | 6 |
| Year 5 | 8 | 6 |
| Year 10 | 8 | 6 |
| Year 20 | 7 | 5 |
Automotive Technician (Dallas, TX)
Age: 29 | Gender: female
Wellbeing Before Policy: 5
Duration of Impact: 5.0 years
Commonness: 15/20
Statement of Opinion:
- Training for new technologies is something I hope the policy will encourage.
- It could mean more work but also more training.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 5 |
| Year 2 | 7 | 5 |
| Year 3 | 7 | 5 |
| Year 5 | 7 | 5 |
| Year 10 | 6 | 4 |
| Year 20 | 5 | 4 |
Policy Analyst (Chicago, IL)
Age: 52 | Gender: female
Wellbeing Before Policy: 8
Duration of Impact: 10.0 years
Commonness: 6/20
Statement of Opinion:
- This policy aligns well with national and global energy goals.
- I expect there to be challenges with efficient fund allocation.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 8 |
| Year 2 | 8 | 8 |
| Year 3 | 8 | 7 |
| Year 5 | 8 | 7 |
| Year 10 | 8 | 6 |
| Year 20 | 7 | 6 |
Small Business Owner (Boise, ID)
Age: 30 | Gender: male
Wellbeing Before Policy: 6
Duration of Impact: 7.0 years
Commonness: 12/20
Statement of Opinion:
- The policy may disrupt parts supply chain if focus shifts to new technologies.
- I'm anxious about the impact on traditional vehicle parts demand.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 6 |
| Year 2 | 7 | 6 |
| Year 3 | 7 | 6 |
| Year 5 | 8 | 6 |
| Year 10 | 8 | 5 |
| Year 20 | 7 | 5 |
EV Start-Up Founder (Houston, TX)
Age: 37 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 10.0 years
Commonness: 5/20
Statement of Opinion:
- This seems like it could provide valuable support to start-ups like ours.
- Adaptation and innovation should be prioritized.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 7 |
| Year 2 | 9 | 7 |
| Year 3 | 9 | 7 |
| Year 5 | 9 | 7 |
| Year 10 | 9 | 6 |
| Year 20 | 8 | 6 |
Retired Factory Worker (Gary, IN)
Age: 62 | Gender: male
Wellbeing Before Policy: 8
Duration of Impact: 5.0 years
Commonness: 18/20
Statement of Opinion:
- Seeing advancements makes me hopeful for new job opportunities for younger generations.
- Could maintain the automotive sector's vitality.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 8 |
| Year 2 | 8 | 8 |
| Year 3 | 8 | 7 |
| Year 5 | 8 | 7 |
| Year 10 | 8 | 6 |
| Year 20 | 7 | 6 |
Engineering Student (Phoenix, AZ)
Age: 23 | Gender: female
Wellbeing Before Policy: 5
Duration of Impact: 10.0 years
Commonness: 9/20
Statement of Opinion:
- This could open more doors for careers in sustainable technologies.
- I expect job prospects to improve.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 6 | 5 |
| Year 2 | 7 | 5 |
| Year 3 | 7 | 5 |
| Year 5 | 8 | 5 |
| Year 10 | 8 | 5 |
| Year 20 | 7 | 5 |
Environmental Activist (San Diego, CA)
Age: 40 | Gender: other
Wellbeing Before Policy: 7
Duration of Impact: 20.0 years
Commonness: 11/20
Statement of Opinion:
- I'm thrilled that the policy prioritizes greener technology.
- Reducing emissions through better tech can help tackle climate issues.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 7 |
| Year 2 | 8 | 7 |
| Year 3 | 8 | 7 |
| Year 5 | 9 | 7 |
| Year 10 | 9 | 6 |
| Year 20 | 9 | 6 |
Cost Estimates
Year 1: $100000000 (Low: $75000000, High: $125000000)
Year 2: $105000000 (Low: $80000000, High: $130000000)
Year 3: $110000000 (Low: $85000000, High: $135000000)
Year 5: $120000000 (Low: $95000000, High: $145000000)
Year 10: $140000000 (Low: $115000000, High: $165000000)
Year 100: $250000000 (Low: $200000000, High: $300000000)
Key Considerations
- The adoption rate of electric vehicles which influences both expected cost savings and tax revenues.
- International competition in the development and deployment of vehicle technologies.
- Potential regulatory changes in emissions and fuel efficiency standards that could augment or mitigate impacts.