Skip to main content

Let the market decide on green technologies - Global Automakers

“To encourage wider deployment of green technologies, including innovations that our members have on display at the Washington Auto Show this week, the government should not pick winners and losers but let the marketplace decide,” said Global Automakers’ president and CEO Michael J. Stanton, whose association represents 15 international automobile manufacturers.
May 21, 2012 Read time: 2 mins
“To encourage wider deployment of green technologies, including innovations that our members have on display at the Washington Auto Show this week, the government should not pick winners and losers but let the marketplace decide,” said Global Automakers’ president and CEO Michael J. Stanton, whose association represents 15 international automobile manufacturers.

As Stanton points out, Global Automakers’ members have long led the industry in the development and deployment of green technologies. These companies brought the first hybrids to American consumers in 1999 and today account for 82 per cent of the US hybrid market. This week’s Washington Auto Show is highlighting the latest green innovations automakers have developed.

“Hybrids are just one of the many technologies our members are aggressively pursuing to reduce CO2 emissions in order to protect the environment and lessen our nation’s reliance on fossil fuels,” said Stanton. “From fuel cells, to plug-in hybrids and pure electric, the vehicles on display this week are the result of millions of R&D dollars that our members continue to invest to reduce the environmental footprint of their vehicles and to meet or exceed government regulations.”

The 4946 Association of Global Automakers, formerly known as the Association of International Automobile Manufacturers (AIAM), represents international motor vehicle manufacturers, original equipment suppliers, and other automotive-related trade associations. Its members’ market share of both US sales and production is 40 per cent and growing.

For more information on companies in this article

Related Content

  • Cotswolds introduces EV rapid charging technology
    May 28, 2015
    Siemens has supplied and installed two triple-outlet, multi-standard rapid charging points in Cirencester and Moreton-in-Marsh for Cotswold District Council (CDC), UK, providing fast top-ups for visitors and residents with electric vehicles travelling within and through the region. A grant from the Office for Low Emission Vehicles (OLEV) provided funding for the project.
  • ETI seeks partners for commercial deployment of marine vessel technology modelling system
    December 2, 2016
    The Energy Technologies Institute (ETI) is seeking partners for a project which will develop a tool to provide accurate and transparent data on the performance of different types of vessels for use by stakeholders involved in the shipping industry. One of the major challenges of reducing carbon emissions from the shipping industry is convincing vessel financiers to invest in technologies that will make existing and future vessels more fuel efficient. Although a number of fuel efficient technologies already
  • Another section of West Coast Green Highway EV charging infrastructure announced
    April 19, 2012
    The Washington State Department of Transportation (WSDOT) has selected AeroVironment to manufacture, supply, install and operate a network of nine fast-charging stations for electric vehicles on Interstate 5 and US 2. Stations will be located every 40 to 60 miles along stretches of I-5 between the Canadian border and Everett and between Olympia and the Oregon border, as well as along US 2 between Everett and Leavenworth.
  • ITSA & IBTTA applaud Infrastructure Act
    November 11, 2021
    $1 trillion legislation is hailed as 'essential step' in modernising US roads and bridges