The Clean Energy Vehicle Initiative intends to increase the amount on electric cars on California roads to 1.5 million by 2025 and potentially 5 million by 2030. There are currently approximately 300,000 electric cars on the road right now, meaning the bill would aim to quintuple that number in 8 years. The bill would model itself after
Though an existing bill offers $7,500 of federal rebates and approximately $2,500 in State rebates, many advocates and lawmakers argue that that simply isn’t enough incentive. The newlegislation, AB 1184, would boost that rebate amount several thousand dollars – a huge help given that the price difference between General Motor’s Bolt and an equivalent gas-powered car is around $15,000.
The Clean Energy Vehicle Initiative would be modeled after the very successful California Solar Initiative that was implemented in 2007. The program, that had an initial goal of 2 gigawatts of solar to be installed by 2016, reached its goal years ahead of schedule. As a result, hundreds more megawatts were installed by the scheduled deadline.
Electric vehicles have all the safety and feature of a regular gas car, but with additional benefits, including lower maintenance costs and lower fuel costs – making electric vehicles cheaper to own over their lifetime than comparable gasoline vehicles. EV’s have been proven to significantly reduce greenhouse gas emissions and to cut down on air pollution. As if the aforementioned perks weren’t enough, EV drivers are offered preferential parking, insurance discounts, access to carpool/HOV lanes, and the existing rebates.
More information on AB 1184: here.
Source Article: here.