Electrifying and Ecosystem: The Electric Mobility Revolution in - PowerPoint PPT Presentation

Electrifying and Ecosystem: The Electric Mobility Revolution in (Southern) California LOS ANGELES COUNTY ECONOMIC DEVELOPMENT CORPORATION (LAEDC) Presented by Tyler Laferriere Associate Economist, Institute for Applied Economics @LAEDC

4.63 million ZEVs by 2030 2.78 million ZEVs by 2030 5.0 million ZEVs by 2030 7.38 million ZEVs by 2030 California's Goal (in Millions) Annual New ZEV registrations to Meet 1.8 1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2 0.0 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 1 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 50% of New Registrations by 2030 100% of New Registrations by 2030 5 Million Goal Linear Trend Source: DMV Registration Data; Estimates by LAEDC.

Exhibit 6-2: CVRP Rebates Over Time Source: California Clean Vehicle Rebate Project, 2019 Number of Rebates 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 0 3/2010 6/2010 9/2010 12/2010 3/2011 6/2011 9/2011 12/2011 3/2012 6/2012 9/2012 12/2012 3/2013 6/2013 9/2013 PHEV 12/2013 3/2014 BEV 6/2014 9/2014 12/2014 FCEV 3/2015 6/2015 Other 9/2015 12/2015 3/2016 6/2016 9/2016 12/2016 3/2017 6/2017 9/2017 12/2017 3/2018 6/2018 9/2018 12/2018 3/2019 6/2019 9/2019

Passenger Vehicle Toyota Ford Hyundai Tesla Kia Companies Honda/Acura Honda Aria Group Manufacturing Hino Motors Manufacturing TABC Inc. Tesla Karma R&D Five Axis General Motors Headquarters Studios Design & Tech Volvo Ø Fisker Inc Ø Mazda Ø Honda Ø Ø BMW Designworks Ø Seres EV Ø Ø Volkswagen Group Ø Karma Automotive Ø Ø Audi Ø Canoo Ø Ø Icona Design Group Ø Ampere Motor Ø Ø Geely Ø Zero Labs Ø Ø Toyota Ø Independent Electric Vehicles Ø Ø Mercedes-Benz Ø Faraday Future Ø Ø Nissan Ø Lucid Motors Ø Ø Tesla Ø Ø Ø Ø Aptiv Ø Seres EV Ø Ø Nissan Ø Volkswagen Ø Ø VW Technical Center Ø Byton Ø

Bus, Truck and Tram Companies Conversion ) Tram Companies Other Bus, Truck and Headquarters Ø Proterra Ø US Hybrid Ø Trams International Ø Volvo Ø Adomani Ø El Dorado National Ø Stealth EV Ø Lion (eSchool Bus) Ø CCW: Complete Coach Works Ø Tesla Ø Aston Bus Ø Coach West Ø Mercedes-Benz Ø Ebus Ø Rivian Auto Tech Center Ø TiG/M Ø Green Power Sales Ø Zero Truck Ø Proterra ( Manufacturing ) Ø Phoenix Motors Ø Motiv Ø BYD North America Ø CCW: Complete Coach Works Ø Rivian Auto (Battery Electric) Ø Transpower Ø Mitsubishi Ø Gillig LLc Ø Green Power ( Manufacturing) Ø Motiv Ø New Flyer Ø XOS Trucks Ø Rivian Auto ( Electric Power Ø Advanced Vehicle Manufacturing

EV Charging and Alternative Other Energy Related Charging & Fueling Companies Products Energy Companies Headquarters Ø MOEV Ø Stratos Fuels Ø Powerflex Systems Ø FirstElement Fuels Ø EVgo Ø Greenlots Ø Tritium Ø Hyperion Motors, Inc. Ø Volta Ø Biofuels Energy Ø Enevate Ø EDF Renewables Ø Farasis Ø EV Grid Ø Noodoe Ø California Lithium Battery Ø Smart Charge America Ø Balqon Ø Iwatani Corporation of Air Ø Advanced Power Ø Clean Fuel Products Connection Ø Blink Charging Ø Concorde Battery Ø NEL Hydrogen Ø H2 Frontier Ø America Ø Recargo/Plugshare Ø ITM Power Ø Trojan Battery Ø Quantum Fuel Systems Ø Freewire Technologies Ø Caleb Corporation Ø Intelligent Energy Ø Chargepoint Ø Clipper Creek Ø EV Safe Charge Ø Evconnect

40% 15% 21% 10% 8% 5% 2% 5.8%2.5% 21.1% 70.6% Share of Emissions by Transportation GHG Emissions by Source, 2017 Sector, 2017 Transportation Electric Power Passenger Vehicles Industrial Heavy Duty Vehicles Commercial & Residential Aviation + Rail + Ships Agriculture High GWP Off-Road + Unspecified Recycling & Waste Source: CARB Source: CARB

Nonattainment of Emission Standards, SCAQMD region Source: EPA 6 8-Hour Ozone (2008) 8-Hour Ozone (2015) Carbon Monoxide (1971) Nitrogen Dioxide (1971) 5 PM-2.5 (1997) PM-2.5 (2006) PM-2.5 (2012) 4 # of Nonattainmnets 3 2 1 0 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 9 9 9 9 9 9 9 9 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 9 9 9 9 9 9 9 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2

Electric Vehicle Industry Ecosystem Definition 611 Insurance Carriers and Related Activities 541 Professional, Scientific and Technical Services 551 Management of Companies and Enterprises 561 Administrative and Support Services Educational Services (Vocational Training) Securities, Commodities Contracts and Other Financial Investments 624 Vocational Rehabilitation 811 Repair and Maintenance 999 Unclassified Source: Dun & Bradstreet, BLS; Definition by LAEDC 524 523 NAICS Manufacturing Industry 221 Utilities 238 Specialty Trade Contractors 335 Electrical Equipment, Appliance and Component 336 Software Publishers Transportation Equipment Manufacturing 423 Merchant Wholesalers, Durable Goods 441 Motor Vehicle and Parts Dealers 485 Transit and Ground Passenger Transportation 511 Defining an Ecosystem

g rowt h e mpl oy me nt e mpl oy me nt 2 7 . 7 % 152 , 2 0 0 i n 2023: So Cal E V j o bs $ 80 , 9 0 0 Me di an wage : 119 , 2 0 0 i n 2018: So Cal E V j o bs g rowt h 13. 2 % $ 9 1, 30 0 Me di an wage : 312 , 0 0 0 j o bs i n 2023: Ca l i fo rn i a E V 2 7 5 , 60 0 j o bs i n 2018: Ca l i fo rn i a E V Forecasting the Charge: the Future of EV Employment ECO NO M IC D EV ELOP M ENT RESEARCH AU TH O RITY

Source: BLS QCEW; Estimates by LAEDC $ 9 1, 30 0 SoCal EV Ecosystem Employment by Industry, 2018 and 2023 Forecast $ 80 , 9 0 0 Me di an wage : 119 , 2 0 0 i n 2018: So Cal E V j o bs Me di an wage : 2 7 5 , 60 0 j o bs i n 2018: Ca l i fo rn i a E V EV Jobs in SoCal by 2023: 152,200 Tech, Educ and Other Personal Services Management Profl. Svcs. Retail Trade ECO NO M IC Transp. and Wholesale Trade D EV ELOP M ENT RESEARCH Manufacturing AU TH O RITY Construction Utilities - 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 2023 2018

Keep Electrifying the Ecosystem Part 1 product from CA companies. rebates, trade-in credits) for consumers, business, and fleets. and replace or augment with state incentives. v Government procurement preference for EV v Create a state incentive for EV manufacturing. v Expand purchase incentives for EVs (such as v Anticipate declines in the $7500 federal credit

Keep Electrifying the Ecosystem Part 2 Mobility Commission to support job growth and industry competitiveness charging to align electricity demand with peak solar production, to best utilize California’s renewable energy assets. campaign. v Establish a California Green v Incentivize, daytime (workplace) v A buy-EV statewide marketing

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Thank you! The full report is available at: https://laedc.org/2020/03/01/laedc-ev-industry-report/