What will it take for California to meet its new electric vehicle goals?

Justin Ho Sep 24, 2020
Heard on:
HTML EMBED:
COPY
A Tesla charges in Petaluma, California. Moving to an all-electric new-vehicle market could be a challenge for the state. Justin Sullivan/Getty Images

What will it take for California to meet its new electric vehicle goals?

Justin Ho Sep 24, 2020
Heard on:
A Tesla charges in Petaluma, California. Moving to an all-electric new-vehicle market could be a challenge for the state. Justin Sullivan/Getty Images
HTML EMBED:
COPY

California Gov. Gavin Newsom signed an executive order Wednesday to phase out the sale of new gasoline-powered cars by 2035. California is often considered a leader in auto emissions standards. But moving to an all-electric new-vehicle market could be a challenge.

To meet the governor’s new order in 15 years, Karl Brauer at the car research website iSeeCars.com said manufacturers will have to bring down prices and pick up battery production. And he said California will have to improve its electric grid.

“We see brownouts on a regular basis when there are high energy demands, just from air conditioning units, not cars that need to be charged up,” Brauer said.

The California New Car Dealers Association said last year new electric vehicles sales represented just 5.3% of the California market. Many big manufacturers are investing more in EVs. Volkswagen just announced an electric crossover SUV. General Motors recently unveiled a new battery platform meant to power its upcoming electric lineup.

“If you look at the investments they’re making, it’s pretty clear that they’re betting their future on a change,” said Brett Smith, director of technology at the Center for Automotive Research.

But that could take a while. GM CEO Mary Barra has said electric vehicles won’t replace gas-powered cars nationwide for more than 20 years.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.