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April 29, 2019
Facing Falling Profits, Ford Invests in Rivian 
Source: Reuters
On April 24, Ford announced plans to invest $500 million in Rivian. The investment is a validation of the Michigan-based startup’s approach to EV design and a needed cash infusion as they plan to begin commercial production of their flagship pickup and SUV models by the end of next year. The Ford investment follows a $700 million investment from Amazon announced in February of this year. This string of investments is likely to give Rivian a boost over other contenders in the EV startup space, and they could be the first company to deliver a viable all-electric pickup.

Ford’s investment gives it access to Rivian’s advanced technology and comes at a time when the large U.S. automaker is still finding its footing in the EV market. In 2018, Ford accounted for less than three percent of total EV sales while Tesla captured more than 50 percent of the EV market. In addition to membership on Rivian’s board and a minority stake in the company, Ford’s partnership with Rivian will allow it to build some of their promised new EVs on Rivian’s skateboard chassis; a move that could accelerate the timeline for plans to deliver new electric vehicles. However, Ford claims this partnership will not affect current progress towards an all-electric F-150 promised within the next few years.  

2018 was a tough year for Ford, which saw global profits drop by 50 percent largely due to declining European and Chinese sales. On the other hand, the company gained ground in the North American market and the F-series pickup trucks remain dominant with more than 900,000 units sold in 2018. Tesla sold just shy of 140,000 Model 3s over the same period.

Pickup trucks outpace any other category of light-duty vehicle in the United States. The three highest selling vehicles on the market in 2018­ – the Ford F-series, the Chevy Silverado, and the Ram Pickup­ – have been unchallenged for several years. This has led to a small but growing contingent of companies seeking to jump start the attractive but nascent electric pickup market. Ford’s investment confirms its engagement in this new market, and advances an industry-wide shift away from sedans in favor of growing popularity in the crossover, SUV, and pickup categories.

Ford’s investment in Rivian follows plans announced in March to invest $900 million in EV production. Through 2022, Ford plans to invest more than $11 billion in their electrification program to launch 16 new all-electric models. While a Ford-Rivian team up could have seemed unlikely in year’s past, the demands of a growing EV market have generated significant partnership between automakers. Earlier this year, Reuters published an analysis of EV-related investment by automakers measuring over $300 billion in new commitments to electrification. All of those investments included some form of partnership with other automakers. High costs of new technology and sluggish EV demand continue to generate alliances, and automakers continue to announce new investments in the EV market despite mixed regulatory signals.
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State Legislation Tracker Now Available!
We're constantly adding new datasets to the EV Hub as well as improving your access to key data. We've just added the State Legislation Tracker which shows recently considered bills from state legislatures around the country. You’ll be able to see details of the bills including votes, documents, and the various statuses as these bills make their way through state legislatures.

The dashboard relies on Open States (an open source platform that aggregates data from state websites). Not all state legislature websites will work at all times — Open States must manually update their platform when state’s change their websites.We’re only able to track bills that we know about so please alert us if you know of anything that we should add to the tracker!

Reminder: check out our Release Notes to see what's changed on EV Hub.
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Atlas Public Policy is looking for a highly qualified senior policy analyst to join our exciting policy tech startup. 

A qualified person must be sharp, ambitious, passionate, and capable of adapting to the evolving demands at Atlas. We’re DC-based, but you don’t have to be. Currently, we’re working on several projects to accelerate the deployment of advanced vehicles and mobility services in the United States and are actively expanding into other public policy areas. Experience in electric power, climate, and/or transportation and curiosity about other public policy issues is a must.
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Registration Discount for Roadmap 12
Register now for Roadmap 12!

Atlas has partnered with Forth on Roadmap 12, the best electric vehicle conference in the United States (in our opinion!). Join us from June 18-19 in beautiful Portland, Oregon for a graduate course in electric vehicle deployment and to advance transportation electrification efforts across the nation.

Use our special discount code (ATLAS) to receive $75 off your registration fee. Find out more and register today online at http://roadmapforth.org/

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Media Pulse
NEWS FROM MANUFACTURERS FEATURED HEAVILY IN LAST WEEK'S NEWS
Our choice clips from last week:
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EV Hub News

Colorado Adds 24 Electric Buses Through the VW Settlement

Colorado announced almost $14 million in awards through the VW Settlement on April 18, 2019. The funding will go towards the purchase of 24 electric buses, three CNG buses, and one LPG bus throughout the state. This is the first award made from the state’s $68 million total allocation. 

Boulder, Colorado Springs, Fort Collins, and Eagle County will receive their first electric buses through this round of funding. Read More Here

Indiana Announces Round One RFP for VW Settlement Funding

Indiana announced the first round RFP for VW Settlement funding on March 27, 2019. This RFP is administered by the Indiana Department of Environmental Management (IDEM) and will remain open until June 17, 2019. $9.8 million of the total $40.1 million allocated to the state will be available during this round of funding. 

Only school buses have funding specifically set aside to support electrification, for a total of $850,000, although electric vehicles are allowable as replacements for the other project categories. Read More Here

New Jersey Announces VW Settlement Funding for EV Charging and Electric Transit Buses

On February 28, 2019, the New Jersey Department of Environmental Protection announced that $11.2 M of the state’s VW Environmental Mitigation Trust Funds had been allocated to electric vehicle charging stations and electric transit buses.

NJ TRANSIT will receive $8 million to purchase eight new electric transit buses to be used in the City of Camden. The remaining $3.2 million will fund 827 charging ports at 533 charging stations across the state as part of the It Pay$ to Plug In program. The funding will support 40 Level 1 charging stations, 487 Level 2 charging stations, and 6 DC fast charging stations. Read More Here

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Job Openings
Below are current job openings in transportation electrification: If you have a job posting you would like to share with EV Hub users, please send them to us in an email at info@atlasevhub.com.
Upcoming Events
Public stakeholder workgroup meetings will be held at six locations throughout California between April 11, 2019, and May 6, 2019. During the public workgroup meetings, staff will 
discuss funding available for each project category under the VW settlement as well as the solicitation process and timeline. Read More Here

April 30th @ 10:00am PST in San Diego, CA at the San Diego Community College District

Public stakeholder workgroup meetings will be held at six locations throughout California 
between April 11, 2019, and May 6, 2019. During the public workgroup meetings, staff will 
discuss funding available for each project category under the VW settlement as well as the solicitation process and timeline. Read More Here

May 6th @ 10:00am PST in San Francisco, CA at the BAAQMD Headquarters 

As electric cars become more popular, being able to charge in a multi-unit dwelling becomes even more important. EV ready building can help overcome a critical barrier to EV adoption by facilitating EV charging infrastructure. At this webinar, Forth will discuss the key role of EV ready buildings and the impact on EV adoption. Read More Here

May 14th @ 10:00am PST 

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