California Gov. Newsom proposes $3.2B in EV investment as part of economic recovery package

California Governor Gavin Newsom, a vocal proponent of electric vehicles, on Friday debuted a new proposal that would earmark $3.2 billion to boost EV infrastructure and adoption in the state.

“This is a big deal,” Newsom said at a press conference Friday. “The Biden administration’s been talking a lot about this, they’re hoping to do something with the Senate, but we’re doing it. We’re not waiting around.”

Over half of the $3.2 billion budget would go toward replacing 1,150 trucks, 1,000 transit buses and 1,000 school buses with electric models. Another $800 million would be put toward the state’s Clean Cars 4 All program, which aims to help lower-income

→ Continue reading at TechCrunch

More from author

Related posts

Advertisment

Latest posts

This Week in Apps: Spotify debuts a Clubhouse rival, Facebook tests Audio Rooms in US, Amazon cuts Appstore commissions

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The...

This Versatile Bag is Made for All Summer Travel

From business trips to camping trips, the Rolo Roll-Up has you covered. Grow Your Business, Not Your Inbox Stay informed...

The housing market is on fire. The Fed keeps adding gasoline

Despite surging home prices that are rising at the fastest pace on record, the Federal Reserve continues to prop up the housing market by...