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S. Rept. 116-83 1 (2019-09-10)

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                                                        Calendar No. 186
                   116TH CONGRESS             SEAEREPORT
                     1st Session J            SENATE                 116-83





                              VEHICLE INNOVATION ACT OF 2019


                                 SEPTEMBER 10, 2019.-Ordered to be printed


                     Ms. MURKOWSKI, from the Committee on Energy and Natural
                                 Resources, submitted the following

                                         REPORT

                                         [To accompany S. 1085]
                            [Including cost estimate of the Congressional Budget Office]
                    The Committee on Energy and Natural Resources, to which was
                  referred the bill (S. 1085) to support research, development, and
                  other activities to develop innovative vehicle technologies, and for
                  other purposes, having considered the same, reports favorably
                  thereon without amendment and recommends that the bill do pass.
                                             PURPOSE
                    The purpose of S. 1085 is to support research, development, and
                    other activities to develop innovative vehicle technologies.
                                      BACKGROUND AND NEED
                    The International Energy Agency's Global Electric Vehicle (EV)
                    Outlook 2019 projects that in 2030 the world-wide light-duty EV
                    stock could reach 129 million vehicles, up from 5.4 million in 2018,
                    constituting a 24-fold increase in 12 years. The growth in electric
                  vehicles has been propelled by a combination of falling lithium ion
                  battery prices and EV subsidies and mandates around the world.
                    Other changes include the rapid growth in ride-sharing and car-
                    sharing companies such as Uber and Lyft, and increasing interest
                  in the development of autonomous technologies for vehicles. These
                  significant changes require an update to authorizations around ve-
                  hicle technology research to reflect modern transportation needs.


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