Remember when we reported on an initiative to bring ZEV credits and incentives to low-income residents in California? The initiative is two steps away from becoming law.
Autoblog Green reports California State Bill 1275 — otherwise known as the Charge Ahead California Initiative — passed the California Assembly 46 to 23 Wednesday, and is expected to pass through the state's senate shortly before signed into law by Governor Jerry Brown.
The initiative, sponsored by State Senator Kevin de León of Los Angeles, amends the focus of the state's Clean Vehicle Rebate Project toward middle- and low-income residents by implementing an income cap on ZEV credits. Further, a minimum of $2,500 would be given said residents exchanging an older vehicle for a ZEV such as the Tesla Model S or the upcoming Toyota Mirai, with an additional $1,500 for the act of retirement itself.
The ultimate goals of the initiative are to reduce credits over the long-term as clean technology becomes widespread, while also boosting the population of ZEVs to 1 million by 2023.
The post California ZEV Democratization Initiative Passes State Assembly appeared first on The Truth About Cars.
from The Truth About Cars http://ift.tt/Jh8LjA
Put the internet to work for you.
No comments:
Post a Comment