California aims to ban sales of new gas-powered cars by 2035 in a boon for EV makers like Tesla
California, one of the world's largest and most visible car markets, will be aiming to ban new gas-powered vehicle sales entirely by 2035. That goes for plug-in hybrids, too, leaving only electric cars and hydrogen-powered vehicles for sale on the primary market by then. It's an ambitious goal, given that currently just 12% of vehicles sold in California are considered zero-emission, but if the rule proposed by the California Air Resources Board passes, other major US states may follow, in a boon for the general EV market and companies like Tesla.
The proposal also envisions 35% of all new vehicles sold in California to be zero-emission ones by 2026 which means tripling the current level of sales in the span of a few years. Most major carmakers have already pegged 2025 as the year when a significant chunk of their portfolios will be electric, while they've set ambitious 2030-2035 goals for the complete electrification of their roster. Thus, California's car buyers won't have a shortage of vehicles to choose from if the legislation proposal for a complete ban on ICE vehicles passes this coming August.