As Illinois subsidizes EV industry, auto analyst says gas-powered engines here to stay

as illinois subsidizes ev industry, auto analyst says gas-powered engines here to stay

Illinois Gov. J.B. Pritzker discusses electric vehicles at an event in Springfield  ©Illinois.gov

(The Center Square) – The state of Illinois has been on a fast track to get motorists to buy electric vehicles, but an auto analyst says gas-powered engines will be around for some time.

Gov. J.B. Pritzker, whose goal is to have one million electric vehicles on Illinois roads within six years, has admitted that demand for EVs has tailed off.

Auto analyst Alan Baum of Baum and Associates said there were expectations that the Big 3 automakers were going to start producing a large volume of EVs at affordable prices.

“That kind of fell short,” said Baum. “There have been significant problems with both the automakers and some of their suppliers and that has led to higher costs and therefore higher prices, which led to declines in consumer uptick.”

In Illinois, EV charging anxiety may still be an issue, especially in rural areas of the state. A recent EV infrastructure study showed that Illinois has 3.3 charging ports per 10,000 drivers. That is compared to 33 in the District of Columbia. In April, the Illinois Environmental Protection Agency announced plans to spend more that $25 million on EV charging infrastructure.

The U.S. Environmental Protection Agency finalized strict new rules on vehicle emissions that will push the auto industry to accelerate its transition to electric vehicles. Under the new rules, the EPA expects that EVs could account for up to 56% of new passenger vehicles sold for model years 2030 through 2032.

The Illinois Corn Growers Association has joined industry groups in a lawsuit to pressure the EPA to pump the brakes on proposed auto tailpipe rules.

Allen Schaeffer, executive director of the Engine Technology Forum, said automakers continue to produce increasingly efficient advanced vehicles powered by gasoline, hybrid-electric and diesel internal combustion engines, which represent approximately 90% of the market today.

“We think that the internal combustion engine still has plenty of useful life left and has a great opportunity to contribute substantially to helping reduce greenhouse gas and other emissions in the years ahead,” said Schaeffer.

OTHER NEWS

21 minutes ago

Inside Max Verstappen and Lando Norris' bromance gone bad: They've been friends since childhood - and fly to races together - but has their relationship nose-dived following their Austrian GP collision?

21 minutes ago

Report: Patriots, LB Jahlani Tavai agree to three-year extension

21 minutes ago

Dan Morgan has done a stellar job to rebuild the Carolina Panthers

21 minutes ago

Tories widen lead over Reform as support for Farage’s party drops

21 minutes ago

Wimbledon champion Marketa Vondrousova beaten by player who has never won on grass before

21 minutes ago

Tottenham and Romania star Radu Dragusin completes Rubik's Cube in impressive time ahead of Euro 2024 last-16 clash with Netherlands

21 minutes ago

Reports: Paul George agrees to four-year, $212M deal with 76ers

21 minutes ago

PFF says the Saints have the worst offensive line in the NFL

21 minutes ago

A new national poll turns post-debate conventional wisdom on its head

21 minutes ago

FDA bans food additive found in citrusy sports drinks and sodas

21 minutes ago

FLiRT was dominating COVID-19 cases, now we're onto the FLuQE subvariants

21 minutes ago

PFF ranks Chiefs’ secondary among the league’s top 10 in 2024

21 minutes ago

Liverpool target confirms he’s ‘spoken’ to Arne Slot with stance on Anfield switch revealed

21 minutes ago

SN: Who is the Jaguars' most important non-quarterback in 2024?

21 minutes ago

Arkansas grocery store reopens in wake of mass shooting that left 4 dead

21 minutes ago

As questions swirl about fitness for office, Biden campaign outraised Trump in June fundraising haul

21 minutes ago

Family killed as Israel evacuation order triggers panicked flight from Gaza's second largest city

21 minutes ago

Clashes between police and protesters disputing Mauritania's presidential election result kill 3

21 minutes ago

FTC unanimously moves to block Tempur Sealy's purchase of Mattress Firm

21 minutes ago

Dad 'disappointed' Klay Thompson picked Mavericks over Lakers

21 minutes ago

Katie Boulter ‘expecting an absolute battle’ in clash with Harriet Dart

21 minutes ago

James Anderson takes seven wickets for Lancashire ahead of England Test farewell

21 minutes ago

Could postal vote delays affect some general election results?

21 minutes ago

Jude Bellingham added to BBC’s Dear England adaptation after last-minute bicycle kick goal

21 minutes ago

New and hilarious details emerge from June arrest of 76ers and Suns veteran Cameron Payne: ‘My name is Terry Johnson’

21 minutes ago

National security is a 24/7 hour job: Lt. Gen. Keith Kellogg

21 minutes ago

On Quebec's traditional moving day, hundreds of renters are still looking for a home

21 minutes ago

Cabinet expected to approve move to revamp senior Defence command and control structures

21 minutes ago

Jude Belliungham leaves Italian restaurant flanked by police

21 minutes ago

3 rom-coms on Netflix you need to watch in July 2024

21 minutes ago

Dáil told of family's distress over nails and screws found in athletic hero's ashes

21 minutes ago

Group of Democratic governors demand meeting with White House over Biden’s disastrous debate

21 minutes ago

Justice Minister Naomi Long offers new date for fresh meeting with union ahead of PSNI staff strike

21 minutes ago

Forceful Response From Russia: No Exercises Near Our Border

24 minutes ago

Jewish ultra-Orthodox men protest Supreme Court ruling on military draft

24 minutes ago

M&S increases stocks of smaller womenswear sizes due to higher demand

24 minutes ago

Popular Candy Recalled After Nearly Two Dozen Illnesses Are Reported

24 minutes ago

Barry Diller is considering a bid to take control of Paramount Global

24 minutes ago

Man Utd transfer news: Winners and losers of Matthijs de Ligt to Man Utd

27 minutes ago

Live in a city? A chirpy, greener area might make you happier: study