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California Governor proposes $1.5B in new budget to achieve ZEV goals
Governor Gavin Newsom has submitted his 2021-22 State Budget proposal to the state Legislature. Among the many provisions, the Governor’s budget proposes $1.5 billion to achieve the state’s zero-emission vehicle (ZEV) goals by 2035 and 2045, including securitizing up to $1 billion to accelerate the pace and scale of the infrastructure needed to support zero-emission vehicles.
Executive Order N-79-20 directly addresses California’s transportation emissions challenge by positioning state agencies to work with stakeholders to aggressively scale the zero-emission vehicle market. The order sets the following zero-emission targets:
100% of in-state sales of new passenger cars and trucks by 2035; ....

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