The Future of EVs Is Foggy--but California Still Wants More of Them

Hamstrung by lawsuits, the state can't officially keep its goal to ban new gas-powered car sales by 2035. But it's going to keep trying. It's been a weird and confusing few weeks for the auto industry--especially for those who hoped to see more batteries on the road in the coming decade. Just this month: Ford announced a retrenchment in its EV business, canceling some battery-powered vehicle plans and delaying others; the European Commission proposed to backtrack its goal to transition fully to zero-emission cars by 2035; the US government said it would loosen rules that would have required automakers to ratchet up the fuel economy of their fleets. BloombergNEF projects 14 million fewer EVs will be sold in the US by 2030 than it did last year--a 20 percent drop.