California Earmarks $Billions to Electrify Vehicles

The State of California recently committed to fully electrified municipal bus fleets by 2040 (See EnergyOnWI news, December 2018), and electrifying the transportation sector in general as part of achieving carbon neutrality by 2045 (See EnergyOnWI news, September 2018). California state agencies have committed nearly $2.5 billion in funds to promote electric vehicles (EVs), including money for charging stations and other infrastructure needs.

The San Diego Tribune reports that the California Public Utilities Commission (CPUC) will spend about $1 billion on EV programs, and the California Air Resources Board (CARB) will spend about $1 billion to provide EV rebates and another $425 million on electrifying heavy-duty vehicles. Additionally, $230 million from the California Energy Commission will support hydrogen fuel-cell refueling stations, and $800 million will go to electric vehicle programs from the Volkswagon emissions settlement. San Diego Union-Tribune