ARB

California’s Air Resources Board is starting to realize that it might have made a mistake by projecting a 15.4 percent market share for zero-emission vehicles (ZEVs) by 2025. The state, which pioneered incentivizing automakers to sell electric vehicles, is being outpaced by countries, like Norway and the Netherlands, exploring the idea of ZEVs having a 100 percent market share within the same timeframe.

Furthermore, because of Tesla, which only sells ZEVs, and the popularity of a few plug-in hybrid models, like the Volt, ZEV credits have flooded the market and now automakers would only need to achieve a 6 percent ZEV market share in the state and compensate with credits bought from other automakers in order to comply with CARB’s mandate without being fined.
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Next week, the California Air Resources Board (ARB) will hold a public workshop on the FY 2016-17 Funding Plan for Low Carbon Transportation and Fuels Investments and AQIP. Under the current proposal, the Clean Vehicle Rebate Project (CVRP) would receive $230 million in funding through 2017.
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