5

California bans all new gas-powered car sales by 2035

 2 years ago
source link: https://finance.yahoo.com/news/california-poised-to-ban-gas-powered-car-sales-by-2035-194917608.html
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.
neoserver,ios ssh client
California to ban gas-powered vehicles starting in 2035
 Yahoo Finance senior autos 
 reporter Pras Subramanian 
33531090-24ac-11ed-bebd-45832d519a7e
Scroll back up to restore default view.

California bans all new gas-powered car sales by 2035

Pras Subramanian
·Senior Reporter
Fri, August 26, 2022, 4:49 AM·3 min read
In this article:
  • -0.35%
  • +0.97%
  • TOYOF
    +0.62%
  • +2.64%
Sign in to add to watchlist
Sign in to add to watchlist
Sign in to add to watchlist
Sign in to add to watchlist

The state of California has approved a first-of-its-kind rule that will ban the sale of all new gas-powered cars in the future.

The California Air Resources Board (CARB) voted to require automakers to only sell new electric and certain hybrids in the state by 2035.

The action is is the strictest ruling banning gas-powered cars in the U.S. and worldwide. The E.U.’s proposal to ban the sale of new gas-powered cars is still being hammered out by member countries.

"The climate crisis is solvable if we focus on the big, bold steps necessary to stem the tide of carbon pollution," California Governor Gavin Newsom said on Wednesday. Newsom proposed the 2035 ban two years ago with an executive order that directed CARB and others to determine how to implement the plan.

The rule requires automakers to hit milestones along the way: By 2026, 35% of new cars in the state must be zero-emission vehicles and that rises to 68% by 2030.

Traffic moves along a freeway as vehicles travel towards Los Angeles, California, U.S., March 22, 2022. REUTERS/Mike Blake
Traffic moves along a freeway as vehicles travel towards Los Angeles, California, U.S., March 22, 2022. REUTERS/Mike Blake

California’s adoption of the rule could have a huge ripple effect as many other states adopt California's rules for their own emissions regulations. California is the only state that can ask for an EPA waiver to make its own rules.

There are 17 other states that follow California’s emissions standards, and those states would be next to enact new rules.

Some automakers are on board with this measure.

“We’re committed to building a zero-emissions transportation future that includes everyone, backed by our own investments of more than $50 billion by 2026 in EVs and batteries,” Ford’s (F) chief sustainability officer said in a statement. “The CARB Advanced Clean Cars II rule is a landmark standard that will define clean transportation and set an example for the United States."

Toyota (TM) has also recognized the state’s ability to enact its own emissions standards. However, an industry group that represents automakers and other suppliers believes the new rule is too aggressive.

“California today is about 18 percent EV market share and leading the nation which stands at 6.3 percent market share," John Bozzella, CEO of Alliance for Automotive Innovation, said in a statement to Yahoo Finance. "Despite this positive trend, California’s EV sale mandates are still very aggressive – even in California with decades of supportive EV policies – and will be extremely challenging.”


report

Recommend

About Joyk


Aggregate valuable and interesting links.
Joyk means Joy of geeK