May 17, 2024

Signing out of account, Standby…
The transition will be gradual — 35% of vehicles sold in the state will need to be electric by 2026 and that increases to 100% by 2035.
On Thursday, a California regulatory body approved rules to end sales of only gas-powered cars in the state by 2035, according to The Sacramento Bee.
The California Air Resources Board (CARB) approved regulations that would require 35% of vehicles sold in California to be electric by 2026. By 2035, all cars would need to be electric, the outlet noted.
In addition, there’s a $20,000 fine per vehicle for not meeting the rules for car manufacturers.
The vote was expected because, as the paper noted, Governor Gavin Newsom controls the majority of the board, and he issued an executive order in 2020 that required all of the cars sold in California to not put out emissions by 2035.
But, it was still revolutionary: California, often a green leader, is set to be the first state to ban selling gas-powered vehicles.
“This is transformative,” Daniel Sperling, who is on CARB and is the founding director of the UC Davis Institute of Transportation Studies, told the Bee.
You will still be able to drive a gas guzzler in the golden state. But, it will become harder to do so, the outlet noted.
The state will certainly face challenges as these rules go into effect. One, there are likely not enough electric charging stations in the state, and two, it might be harder for lower-income people to buy EVs, the paper noted.
There are about 43,000 electric charging stations in the U.S., per Reuters. The average electric car costs $66,000, according to Electrek.
Meet One of the World’s Few Self-Made Women Billionaires. She Wants to Teach You How to Play the Game — Literally.
‘Where Does That Money Go?’: A Look Inside New York City’s Ruthless Housing Market
You Must Understand This Crucial Retirement Benefit If You Want Your Money to Withstand Inflation — Whether You’re 25 or 75
‘Bias Is a Business Killer,’ Says the Co-Founder of the Largest Black-Owned Wine Company in the U.S.
7 Things No One Tells You About Starting a Business
‘It Just Seems Really Unethical’: Amazon Adds Holiday Surcharge for Sellers
Now Is a Better Time Than Ever to Land This Type of Financing for Your Franchise
Mike Koenigs
Gabrielle Bienasz
Entrepreneur Staff
Subscribe to our Newsletter
The latest news, articles, and resources sent to your inbox.
I understand that the data I am submitting will be used to provide me with the above-described products and/or services and communications in connection therewith.
Read our privacy policy for more information.
Copyright © 2022 Entrepreneur Media, Inc. All rights reserved.

Entrepreneur® and its related marks are registered trademarks of Entrepreneur Media Inc.
Successfully copied link

source

About Author

Leave a Reply