With one stroke of the pen Governor Newsom of California has insured a robust outlook for the future of electric vehicles in California. Finally, electric vehicle manufacturers are in vogue. The executive order requires that starting in 2035 all vehicles sold in the state of California can no longer have an internal combustion engine. There are many electric vehicle companies in the market. Tesla TSLA 0.6%, Nio and Rivian appear to be leading the way with large contracts and/or significant followings in the electric vehicle world.
Countries and municipalities like the United Kingdom, Norway, France, the Netherlands, India, and China have all made a similar pledge: They're going to kick their gasoline-powered car habit in the next few decades. It is a nice idea, maybe even a world-saving one. The transportation sector accounts for 14 percent of the world's greenhouse gas emissions, which humanity must cut by 40 to 70 percent by 2050 to prevent that disastrous 2-degree Celsius temperature hike. She said a California ban on the sale of non-electric vehicles is at least a decade away. "There is not, in any of these places, policy follow-up to ensure that these goals are met," says Nic Lutsey, who studies electric vehicle policy at the International Council on Clean Transportation.
Since Uber and Lyft burst onto the scene a decade ago, the companies have established a reputation for dodging government regulations. Now, California is working on first-of-their-kind rules to limit emissions from ride-hail vehicles, which could force the companies to get about one-third of their drivers into electric vehicles by the end of 2030. To which the ride-hail companies say (with some qualifications): Bring it on. California's goal is ambitious, to put it lightly. The state Air Resources Board has proposed requiring that 60 percent of miles traveled by ride-hail passengers be in electric vehicles by 2030.
On Thursday, congressional Republicans proved that even car nerds can get wrapped up in the tentacles of tax reform. The House of Representatives released an early draft of a bill to remake the taxation system, one that would kill the federal tax credit that gives up to $7,500 to anyone who buys an electric car. Created as part of the 2009 stimulus bill, this credit was meant to make the price of a planet-saving EV at least sort of comparable to one powered by gasoline, at least until battery and electric power generation technology get cheaper. That is happening: New research from the Boston Consulting Group predicts EVs will become price comparable between 2025 and 2030. But the average new vehicle is still about $2,400 less expensive than the average new electric vehicle, according to Kelley Blue Book.
Hydrogen fuel cell cars could one day challenge electric cars in the race for pollution-free roads - but only if more stations are built to fuel them. Honda, Toyota and Hyundai have leased a few hundred fuel cell vehicles over the past three years, and expect to lease well over 1,000 this year. But for now, those leases are limited to California, which is home to most of the 34 public hydrogen fueling stations in the U.S. Honda (pictured), Toyota and Hyundai leased a few hundred fuel cell vehicles over the past three years, and expect to lease well over 1,000 this year. But for now, those leases are limited to California, which is home to most of the 34 public hydrogen fueling stations in the U.S Fuel cell cars create electricity to power the battery and motor by mixing hydrogen and oxygen in the specially treated plates that combine to form the fuel cell stack. Fuel cell stacks and batteries have allowed engineers to significantly shrink those components to fit neatly inside a sedan.