California has set targets for one in seven cars to be electric by 2018.
The California Air Resources Board revealed its new goals as part of a package of new standards - including rebates for drivers via their electricity bills - for clean vehicles.
The Board’s objectives include projected sales of 1.4 million EVs per year between 2018 and 2025. The new standards will result in a reduction in automotive carbon emissions of 52 million metric tonnes if successful.
California captured 69 percent of global electric vehicle investment for 2011, and it ranks first in the US nation for electric vehicle patents. California took in $467 million in global EV venture capital (VC) investment (69 percent of total dollars) in the first half of 2011 and, along with Michigan, is the top patent holder for new EV technology in the United States.
The place to be in EV!
