InvestorsHub Logo
Followers 0
Posts 210
Boards Moderated 0
Alias Born 09/15/2015

Re: None

Saturday, 01/27/2018 6:48:24 PM

Saturday, January 27, 2018 6:48:24 PM

Post# of 10478
Go green Baby!! Millions of new electric vehicles!!

Excerpts from today's WSJ (with just a tad of editorial license)


California Eyes More Zero-Emission Vehicles

California will aim to put five million zero-emission vehicles on its roads by 2030 under an executive order signed Friday by Democratic (nobody's perfect) Gov. Jerry Brown.

New policy is a considerable expansion of Cal.'s efforts to reduce carbon emissi0onms produced by vehicles and will likely result in millions of new electric vehicles on the roads.

"Zero emissions, the sooner the better," Mr. Brown said during his speech. "To meet our ambitious goals, we will need five million zero-emission vehicles on the road by 2030. Think of all the jobs that will create and how much cleaner our air will be."

The executive order makes the goal a stated policy and directs agencies to work with the private sector to accomplish it. Because of the size of California's market, its transportation regulations have a large impact on national policy and auto makers.

Current federal rules require auto makers to cut emissions enough so vehicles average more then 50 miles a gallon by 2025. That requirement is a contributing factor to companies now investing billions of dollars in developing electric vehicles .

California already has about 350,000 zero-emission vehicles on its roads, including electric cars.

Mr. Brown signed an order in 2012 calling for 1.5 million zero-emission vehicles on California roads by 2025. The Friday order proposes an eight-year $2.5 billion initiative that will include vehicle rebates, as well as building 250,000 vehicle-charging stations and 200 hydrogen fueling stations by 2025. The widespread availability of such stations has been a stumbling block.


Now, what was all that foolishness about Li supply exceeding demand again??? Go LAC longggggg!!!

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LAAC News