WRITTEN BY KENNETH SCHRUPP ON FEB 16, 2024. POSTED IN NEWS AND OPINION
As EV Sales Collapse, California To Spend $1.9B More On Charging Stations
California Governor Gavin Newsom is pushing ahead with $1.9 billion in state spending on a public electric vehicle charging network as EV sales plummet.
The state aims to build 40,000 chargers, compared to the just over 10,000 EV fast chargers it currently has. [emphasis, links added]
“Our clean transportation future is here with more than 1 in 4 new cars sold in our state being electric. That’s why California is building a bigger and better zero-emission charging network – the most extensive in the nation,” said Newsom in a statement.
Should the state spend the allocated $1.7 billion out of the $1.9 billion on 30,000 chargers, each charger will cost nearly $60,000.
California EV sales fell 10% in the last quarter of 2023 compared to the previous quarter, and another 3% in the quarter before that after skyrocketing over the prior decade.
https://climatechangedispatch.com/as-ev-sales-collapse-california-to-spend-1-9b-more-on-charging-stations/
