California is having serious trouble with its attempt to force EV consumption onto a reluctant population.
It's over and done.
https://www.latimes.com/environment/story/2024-12-11/why-newsoms-electric-vehicle-mandate-is-in-trouble
"EV sales have stalled, clouding California's ambitious plans for all new cars sold in California to be zero-emission vehicles by 2035.
President-elect Donald Trump's plans to eliminate EV tax credits and slap tariffs on imports could further weaken the EV market."
" Sales growth has stalled as potential buyers balk at high sticker prices and unreliable public charging. "
" The first big test for the governor's edict comes next year, when 35% of new vehicles sold must be zero-emission, up from 26.4% now. To hit that mark, EV sales would have to skyrocket 33%."
““I have not seen a forecast by anyone that that number is achievable,” Toyota North America Chief Operating Officer Jack Hollis said on a conference call with reporters last month. “Demand is not there.”
" Tesla deliveries are below expectations, Volvo has moved back its 2030 100% EV timeline, General Motors abandoned its 1-million-vehicle 2025 sales goal, and Ford has shifted some EV production back to internal combustion vehicles, the note reported.
Meanwhile, EV startups are struggling. California-based Fisker declared bankruptcy, while luxury EV makers Rivian and Lucid, whose vehicles draw rave reviews from the automotive media, have seen shares drop precipitously this year as the companies fall short of sales goals."
