Cruisin' in fast and strong, the Auto Show makes its 103rd annual pit stop to Los Angeles this week, bringing along energy, technology, and, most importantly, opportunity to our city.
The automotive industry has always been linked to our City's economic health.
The Auto Show alone generates about 20% of the Convention Center's annual revenue, and auto dealers are the largest contributor of sales taxes--approximately $271 million--to the City's budget.
Oh, and the dealerships employ about 5,200 hard-working Angelenos.
But now the auto industry can be linked to our city's sustainability as well. This year, the Auto Show presents a unique moment of opportunity for us: we're standing at the forefront of the electric vehicle revolution, and it's time to transform LA from the car capital of the world, into the electric car capital of the world.
So today, I announced that the City of Los Angeles will be leveraging the LADWP's considerable resources to enhance our electric vehicle support grid, encourage Angelenos to purchase electric cars, and create good local jobs in our growing green economy.
Times are tough, so the DWP is offering an EV discount of 2.5 cents per kilowatt-hour to encourage EV owners to charge during off-peak, nighttime hours. In other words, a family who currently spends about $60 per week on gasoline for one car could pay as little as $15 on their electric bill by charging their vehicle over night.
Not only does this save money, it saves energy!
With automotive companies like Chrysler, Dodge, Jeep, Ram, and Fiat offering electric vehicle cars just a mere mile away at the Downtown Auto District, we can steer Los Angeles away from the unsustainable path of pollution, dependency, and waste, and turn towards a cleaner, greener future.
The manufacturers here today have made it clear: that Los Angeles is an early launch market for electric vehicle deployment.
So today, we are making a clear statement back: LA is ready for electric cars.
Follow Antonio Villaraigosa on Twitter: www.twitter.com/villaraigosa
　
1. I embrace Smart grid & Renewable Energy & EVs as one package.
　
2. Large-scale adoption of EVs could help finance smart grid & renewable energy, by channeling oil cash into the utilities.
　
3. Better still, they will charge mostly overnight with the untapped, or mostly WASTED electricity without having to build another power plant, as hydro & Wind & nuclear power plants keep operating around the clock.
　
4. Used Batteries Can Be Used In Smart Grids for an invaluable storage device. As EVs become more widely available, they are also churning out the used batteries down the road.
　
5. By storing power from cheaper off-peak periods, the battery in EVs is able to power a house during expensive peak periods, even better, sell excess power back to the grid simultaneously, EVEN AFTER its automotive life.
　
6. There is no question in my mind that world can't expect noticeable employment expansion until it moves towards alterative transportation.
While some critics are counting cents on the utility bill, it is claimed that : " the U.S. uses about 24 percent of the world's oil, this equates to 20.9 million barrels a day. If the U.S chooses to embrace renewable energy, the U.S could save $750 billion per year and create about 6 million jobs".
　
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