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California proposes $6.1 billion on electric vehicle initiatives

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California Governor Gavin Newsom holds a copy of the California State budget after ceremonially signing it during a rally in Los Angeles, Tuesday, July 13, 2021.

Hans Gutknecht | MediaNews Group | Getty Images

California Governor Gavin Newsom presented a $286.4 billion budget proposal, dubbed the “California Blueprint,” for the state on Monday. The plan suggests spending $22.5 billion to address the burgeoning climate crisis in the state, allocating a fresh $6.1 billion to electric vehicle related initiatives.

Last year, the state of California committed to spending $15.1 billion on a range of climate-related efforts, including $3.9 billion to electric vehicle related initiatives….



Source cnbc.com

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