January 28, 2022

California Governor Increases EV Adoption Package to $10 Billion

California Gov. Gavin Newsom released Jan. 26 his $10 billion plan to accelerate the state’s zero-emission vehicle adoption.

The governor first announced in Sept. 2020 his ambition for California to phase out gas-powered cars by 2035. Building on a $3.9 billion investment committed last year, this new proposal would add another $6.1 billion to support low-income adoption and pay for the infrastructure needed to get the state on target.

The package would allocate $256 million for low-income consumer purchases, $900 million to expand affordable charging options in low-income neighborhoods, $935 million to increase zero-emission short-haul trucks and transit buses, $1.5 billion for school bus electrification, $1.1 billion for zero-emission trucks, buses and off-road equipment and fueling infrastructure and $400 million for port electrification.

Additionally, the financial package will invest in sustainable community-based transportation equity projects in response to critical mobility needs within communities and finance demonstration and pilot projects in high-emitting sectors, such as maritime, aviation and rail.

California currently represents around half of the country’s zero-emission vehicle markets, with electric vehicles accounting for one of the state’s top exports.

“The future is electric, and we’re making it easier and cheaper than ever before to go electric. That means more assistance to help folks buy clean cars and more charging stations in more communities throughout the state,” Gov. Newsom said in a statement. “California is eliminating our dependence on oil and providing a blueprint for the entire world on how to aggressively fight the climate crisis while growing the state’s clean energy economy.”

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