California Is Banning Gasoline Cars. Now the EV Race Begins

(Bloomberg) — California just started the clock on a future that a few years ago would’ve been unthinkable: dealerships full of nothing but zero-emissions cars.

On Wednesday, Governor Gavin Newsom ordered regulators to phase out the internal combustion engine and ban the sale of all new gasoline-fueled cars after 2035. With that, California became the first state in America to impose such a prohibition and delivered the biggest jolt yet to automakers already under pressure to give up fossil fuels and deliver a new generation of electric vehicles.



a screenshot of a cell phone: California Fuel Dream


© Bloomberg
California Fuel Dream

While for now the industry depends on gasoline-powered SUVs and pickups for most of its profit, traditional automakers are investing billions of dollars in electrification and announcing new EV models — with startups such as Rivian Automotive and Lucid Motors Inc. right on their heels. California’s ban ups the ante.

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“There’s an arms race going

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California Is Banning Gasoline Cars, Now the EV Race Begins

Aerial Views Of Rush Hour Traffic

Photographer: Patrick T. Fallon/Bloomberg

California just started the clock on a future that just a few years ago would’ve been unthinkable: dealerships full of nothing but zero-emissions cars.

On Wednesday, Governor Gavin Newsom ordered regulators to phase out the internal combustion engine and ban the sale of all new gasoline-fueled cars after 2035. With that, California became the first state in America to impose such a prohibition and delivered the biggest jolt yet to automakers already under pressure to give up fossil fuels and deliver a new generation of electric vehicles.

California Fuel Dream

The Golden State makes up about 15% of U.S. gasoline sales

Source: U.S. Energy Information Administration

While for now the industry depends on gasoline-powered SUVs and pickups for most of its profit, traditional automakers are investing billions of dollars in electrification and announcing new EV models — with startups such as Rivian

Read More

Read More