Nancy Pelosi visits Novi to highlight electric vehicle production and policy – ​​The Oakland Press

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U.S. House Speaker Nancy Pelosi (D-CA) traveled to Oakland County on Wednesday to visit an electric vehicle (EV) battery manufacturer and tout the EV provisions included in the Inflation Reduction Act.

Pelosi was joined by U.S. Representatives Haley Stevens (D-Birmingham) and Debbie Dingell (D-Ann Arbor), along with State Senator Rosemary Bayer and State Representatives Kelly Breen and Ranjeev Puri, for a visit from Our Next Energy (ONE), an EV battery startup founded in July 2020 and based in Novi, to discuss EV battery production and technologies, and to highlight the EV policies included in the Inflation Reduction Act. Mujeeb Ijaz, founder and CEO of the company, led the tour.

It was Pelosi second visit to Michigan in three months, which comes just three weeks before the midterm elections. Democrats are trying to maintain their narrow 220-211 majority in the US House of Representatives, while Republicans are aiming to win seats and regain control of the lower house.

U.S. House Speaker Nancy Pelosi (D-CA) tours Our Next Energy’s electric vehicle battery manufacturing facility in Novi, MI on Wednesday, Oct. 19, 2022 (Mark Cavittt/The Oakland Press )

Pelosi said she wanted to come to Michigan to see the real impact of legislation passed by Congress, including the Inflation Reduction Actthe Infrastructure Investment and Employment Actand the flea law. She has visited states across the country in recent weeks.

“It’s a pleasure to see firsthand how the Democrats’ Cut Inflation Act is driving clean energy innovation here in Michigan while fueling opportunity for working families,” said “Driven by the tireless leadership of Congresswoman Haley Stevens and Congresswoman Debbie Dingell, the House Democrat has proudly made historic investments to help companies like ONE expand operations, create more jobs well paid and put more electric vehicles on the road.

U.S. House Speaker Nancy Pelosi (D-CA) tours Our Next Energy's electric vehicle battery manufacturing facility in Novi, MI on Wednesday, Oct. 19, 2022 (Mark Cavittt/The Oakland Press )
U.S. House Speaker Nancy Pelosi (D-CA) tours Our Next Energy’s electric vehicle battery manufacturing facility in Novi, MI on Wednesday, Oct. 19, 2022 (Mark Cavittt/The Oakland Press )

Pelosi added, “As these investments are implemented, House Democrats remain focused on lowering energy bills, tackling the climate crisis, and widening the path to prosperity for all Michiganders. .”

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During her visit, Pelosi spoke about the Cut Inflation Act, which includes expanded federal tax credits of up to $7,500 for residential and commercial electric vehicle charging infrastructure and bonus credits for businesses that pay prevailing wages and hire registered apprentices. There are others provisions that extend tax credits for light-duty, used and commercial electric vehicles. All of these tax credits have been extended to 2032.

The tax credits are designed to stimulate North American production of electric vehicles and battery components. Automakers are rushing to source more battery and component production.

Pelosi said a critical part of the country’s mobility future with electric vehicles is workforce development, but added that a continued focus on building a network should be maintained. rugged electric vehicle charging station.

“It’s an important piece,” she said. “In the previous administration, they didn’t allow any funding for electrification in the bills, whether it was research or charging stations…maybe it was because of a certain allegiance to the fossil fuel industry. I don’t know why.”

U.S. House Speaker Nancy Pelosi (D-CA) tours Our Next Energy's electric vehicle battery manufacturing facility in Novi, MI on Wednesday, Oct. 19, 2022 (Mark Cavittt/The Oakland Press )
U.S. House Speaker Nancy Pelosi (D-CA) tours Our Next Energy’s electric vehicle battery manufacturing facility in Novi, MI on Wednesday, Oct. 19, 2022 (Mark Cavittt/The Oakland Press )

She added: “In the infrastructure bill, we have taken giant and drastic steps (in terms of increasing the network of electric vehicle chargers in the country), but we need more because we want people to use electric cars more. The need and the opportunity will be inevitable. It’s essential. Some do it at home, but if you’re on the road, you want it to happen.

Michigan’s mobility future depends on a strong electric vehicle charging network

The law also allocates $1 billion to states, municipalities, Indian tribes or non-profit school bus associations to replace Class 6 and 7 heavy-duty vehicles with electric vehicles. These rebates can be used for up to 100% of the costs of vehicles, infrastructure, training, and planning and technical activities to support electrification.

Earlier this month, the board of directors of the Michigan Economic Development Corporation (MEDC) approved a $237 million financial incentive package for the company that plans to build a $1.6 billion manufacturing complex in Van Buren Township, southwest of Detroit, that will produce components for electric vehicle batteries from raw material refining up to the manufacture and assembly of cells and packs.

United States House Speaker Nancy Pelosi (D-CA) tours Our Next Energy's electric vehicle battery manufacturing plant in Novi, MI on Wednesday, Oct. 19, 2022 (Mark Cavittt/The Oakland Press)
United States House Speaker Nancy Pelosi (D-CA) tours Our Next Energy’s electric vehicle battery manufacturing plant in Novi, MI on Wednesday, Oct. 19, 2022 (Mark Cavittt/The Oakland Press)

The investment is expected to create 2,100 jobs by the end of 2024, with generation capacity reaching 20 gigawatt hours by the end of 2027, enough to power around 200,000 electric vehicles per year.

Other high-profile Democrats to visit Michigan in recent months include Vice President Kamala Harris, who visited Detroit and Southfield on October 15, and President Biden, who visited the International Trade Show. the North American auto in Detroit last month.

Earlier in the day, Pelosi attended a fundraiser in Detroit for Democratic U.S. Representative Dan Kildee and Hillary Scholten, a Democratic congressional candidate in Michigan’s 3rd congressional district.

In Michigan, there are several highly competitive US House races, including between Democratic US Representative Elissa Slotkin and Republican Senator Tom Barrett in the new 7th District, which is the most expensive US House race in the country at nearly 15 million. dollars outdoors. expenses.

Earlier this month, former President Donald Trump held a rally in Warren campaigning for Michigan’s top Republicans, including gubernatorial candidate Tudor Dixon, gubernatorial nominee Matthew DePerno. State, and Kristina Karamo, candidate for Secretary of State.

In August, House Minority Leader Kevin McCarthy (R-CA) traveled to Michigan to host a roundtable with local Republican congressional candidates, including John James and Tom Barrett, at the Southeast Michigan Construction Academy, a non-union trade school in Madison Heights. He discussed inflation, student loan forgiveness, manufacturing and other key issues in the upcoming election.

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