Statement from Autos Drive America President & CEO Jennifer Safavian on the One-Year Anniversary of the CHIPS and Science Act

WASHINGTON, D.C. – Autos Drive America President and CEO Jennifer Safavian issued the following statement marking the one-year anniversary of President Biden’s signing of the Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act:

“International automakers, who accounted for 45% of all U.S. vehicle production last year, are strong supporters of the CHIPS and Science Act and applaud the Biden administration for their bipartisan efforts in implementing this important legislation.

“The CHIPS and Science Act is helping the United States remain globally competitive in semiconductor manufacturing and research while strengthening our supply chains, making it easier for auto manufacturers to provide American consumers with a wide range of choices.

“Autos Drive America will continue working with the U.S. Department of Commerce to maximize opportunities for international automakers to boost production across the country and create even more careers in modern manufacturing.”

###