California policymakers are committed to making sure that electric vehicles â€” and the charging stations and other infrastructure needs associated with them â€” transform the stateâ€™s transportation sector. But it wonâ€™t come cheaply.
A review conducted by the San Diego Union-Tribune showed various state agencies have committed $2.46 billion in public funds â€” some of it already spent and the rest planned over a number of years â€” for programs aimed at luring drivers out of cars and trucks powered by internal combustion engines and encouraging them into zero- or low-emission vehicles.
And that doesnâ€™t count the $800 million in electric vehicle, or EV, programs that Volkswagen is spending across the state as part of an unprecedented settlement to help resolve the car makerâ€™s emissions scandal. A state entity â€” the California Air Resources Board â€” is overseeing how and where the money is spent.
When the VW settlement is taken into account, investments to electrify Californiaâ€™s transportation landscape go well north of $3 billion, thus far.View Article