Oregon's Electric Vehicle Industry

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  • Task 1:A definition of the EV industry in OregonPreliminary database of companies in the EV “cluster” and supply chain with names of key personnel and contact informationSummary of employment, average wages, output/revenue data, product lines, business capabilities, etc. of businesses within the preliminary database
  • Opportunities are basically the effects of clustering
  • Oregon's Electric Vehicle Industry

    1. 1. Northwest Economic Research CenterCollege of Urban and Public AffairsOregon Electric Vehicle IndustryFebruary 5, 2013
    2. 2. About Northwest EconomicResearch Center (NERC)• Established in 2011• Hosted at the College of Urban and Public Affairs (CUPA) in Portland State University • Director: Dr. Thomas Potiowsky • Assistant Director: Dr. Jenny H LiuFebruary 5, 2013 Oregons EV Industry 2
    3. 3. Project OverviewTask 1: Define the electric vehicle (EV) industryTask 2: Benchmark and analyze economic impact of the EV industry in OregonFebruary 5, 2013 Oregons EV Industry 3
    4. 4. Defining EVsWhat are EVs? Electric vehicles (EVs) includes vehicles that transports people or freight, and uses… • a continuous supply of electricity, such as streetcars or light rail • on-board electric generation with internal combustion engine (ICE), such as hybrid electric vehicles (HEVs) • stored electricity, such as pure battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) or extended range electric vehicles (EREVs)February 5, 2013 Oregons EV Industry 4
    5. 5. Defining the Oregon EV Industry • To define the Oregon EV industry – Oregon EV Industry Survey • Panel: 300 industry members • July 19, 2012 – August 20, 2012 • Completed responses = 73 • 54 unique EV-related firms/organizations • Survey questions • Firm identification • EV activities & capabilities • Firm employment information • EV supply chain • Financial and economic conditionsFebruary 5, 2013 Oregons EV Industry 5
    6. 6. February 5, 2013 Oregons EV Industry 6
    7. 7. • Oregon EV Industry Cluster Diagram Ancillary EV Organizations February 5, 2013 Oregons EV Industry 7
    8. 8. Driving Forces ofOregon’s EV Industry ClusterHorizontalstructure Increase competition InnovationFebruary 5, 2013 Oregons EV Industry 8
    9. 9. Driving Forces ofOregon’s EV Industry Cluster• Tacit knowledge• Encouraging public policies, investment and education• Sophisticated local demand• Reduction in fixed cost and growth of charging infrastructure• Implementation of Road User Fees / Gasoline TaxesFebruary 5, 2013 Oregons EV Industry 9
    10. 10. Economic Impact Analysis Scaled Economic Impact Summary Impact Summary Labor Total Value Impact Type Employment Output Income Added Direct Effect 432 $19,508,289 $31,658,895 $80,258,189 Indirect Effect 543 $49,430,251 $77,888,434 $120,318,542 Induced Effect 685 $27,377,427 $49,250,288 $79,452,200 Total Effect 1,660 $96,315,968 $158,797,616 $280,028,930February 5, 2013 Oregons EV Industry 10
    11. 11. Economic Impact Analysis Fiscal Impacts Oregon Personal Income Tax WithholdingFiscal Impact - Federal Government (12-mo moving sum) Original With Scaling Personal Income Tax $4,694,907 $5,042,744 Corporate Income Tax $3,467,029 $3,723,049 Indirect Business Tax $1,559,347 $1,687,902 Social Insurance Tax $11,073,483 $11,891,428Total Federal Impact $20,794,483 $22,345,123Fiscal Impact - State and Local Government Original With Scaling Personal Income Tax $2,992,541 $3,214,253 Corporate Income Tax $591,676 $635,368 Indirect Business Tax $8,166,030 $8,832,362 Social Insurance Tax $170,263 $182,821Total State and Local Impact $11,920,510 $12,864,804 Source: Oregon Department of Revenue February 5, 2013 Oregons EV Industry 11
    12. 12. Conclusions• Oregon EV industry • 400 full-time employees in 100 firms • 1,600 total employment impact • $22 million federal tax revenue • $12 million state-local tax revenue • High growth despite global recession• Opportunities • Clean-tech advantage • Skilled labor force • Public policies & incentivesFebruary 5, 2013 Oregons EV Industry 12
    13. 13. Northwest Economic Research CenterCollege of Urban and Public Affairs Thank you!http://www.pdx.edu/NERCnerc@pdx.edu503-725-8167

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