CEC Will Invest $2.9 Billion For Achieving Zero Emission Transportation Goal

December 19, 2022 By Prelo Con

(Image Credit Google)

To further the state's zero-emission transportation goal, the California Energy Commission (CEC) will invest $2.9 billion. In a statement obtained by Reuters, the agency described an investment strategy that it predicted would see California construct roughly 90,000 new chargers over the following four years, more than doubling the number of chargers currently available in the state. An additional $1.7 billion has been set aside for infrastructure to support medium and heavy-duty zero-emission vehicles, including those propelled by hydrogen fuel cells. Approximately $900 million will go toward chargers created for light-duty electric vehicles. The commission predicts that California will reach its objective of installing 250,000 chargers by 2025 once financing from utilities and other initiatives is taken into account. [caption id="attachment_73375" align="aligncenter" width="1200"]

EV chargers[/caption] “This transformative investment will deploy charging and refueling infrastructure swiftly and equitably to make sure drivers of zero-emission cars and trucks feel confident they can refuel wherever they go,” said CEC Lead Commissioner for Transportation Patty Monahan. “The plan will increase access to charging and hydrogen fueling for individuals, businesses and public agencies, while supporting our emerging manufacturing ecosystem and creating jobs.” California's climate change strategy will depend on developing enough charging infrastructure to accommodate an increasing number of EVs. Following a directive from Governor Gavin Newsom, the California Air Resources Board (CARB) declared earlier this year that all vehicles sold in the state by 2035 must be either fully electric or plug-in hybrids. A $2.6 billion investment was recently approved by the agency to encourage businesses and individuals to convert to electric vehicles.

By Prelo Con

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CEC Will Invest $2.9 Billion For Achieving Zero Emission Transportation Goal

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