The internal combustion engine (ICE) is one of the greatest inventions in history, introducing unprecedented mobility and paving the way for the modern world we know today. The contemporary ICE is cleaner and more efficient than ever before. It continues to be the most affordable and reliable mode of transportation available, and the technology will only continue to improve.
Our industry has made substantial investments in creating cleaner fuels and increasing the efficiency of motor vehicles. Cars today are 99 percent more efficient than they were only a decade ago. Subsidies and mandates for Electric Vehicles (EVs) ignore these gains, prevent continued investment, and instead artificially force the market away from our products without significant environmental benefits.
We support free market principles that naturally incentivize efficiency improvement. Policies that artificially support electric vehicles distort or reduce consumer choice while providing little in the way of benefit.