Oregon Electric Vehicle IndustryFebruary 5, 2013

Northwest Economic Research CenterCollege of Urban and Public Affairs

2Oregon's EV Industry

About Northwest Economic Research 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 Liu

February 5, 2013

3Oregon's EV Industry

Project OverviewTask 1: Define the electric vehicle (EV) industry Task 2: Benchmark and analyze economic

impact of the EV industry in Oregon

February 5, 2013

4Oregon's EV Industry

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)

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5Oregon's EV Industry

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 conditions

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6Oregon's EV IndustryFebruary 5, 2013

7Oregon's EV Industry

• Oregon EV Industry Cluster Diagram

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Ancillary EV Organizations

8Oregon's EV Industry

Driving Forces of Oregon’s EV Industry Cluster

Horizontal structure Increase

competition Innovation

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9Oregon's EV Industry

Driving Forces of Oregon’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

10Oregon's EV Industry

Economic Impact AnalysisScaled Economic Impact Summary

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Impact Summary

Impact Type Employment Labor Income

Total Value Added Output

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 $280,028,930

11Oregon's EV Industry

Fiscal Impact - Federal Government 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 $11,891,428

Total Federal Impact $20,794,483 $22,345,123

Fiscal Impact - State and Local GovernmentOriginal 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 $182,821

Total State and Local Impact $11,920,510 $12,864,804

Economic Impact AnalysisFiscal Impacts

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Oregon Personal Income Tax Withholding (12-mo moving sum)

Source: Oregon Department of Revenue

12Oregon's EV Industry

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 & incentives

February 5, 2013

Thank you!

http://www.pdx.edu/NERCnerc@pdx.edu503-725-8167

Northwest Economic Research CenterCollege of Urban and Public Affairs