California Invests $2.6B in Decarbonizing Transport

A $2.6 billion investment plan has been approved by the California Air Resources Board for the state’s transition to zero-emission transportation.

According to Los Angeles, the investment in clean transport amounts to $2.2 billion for clean trucks and buses, as well as off-road equipment, and $381 million for clean transportation equity projects. In both cases, CARB has said it has focussed on underserved communities, including low-income communities and those disproportionately burdened by environmental pollution, as well as small truck fleets. The $2.6 billion investment is part of the expanded $10 billion ZEV package, revealed in January this year, when California Governor Gavin Newsom unveiled expanded plans for investment in electric mobility. The US state committed to an investment of an additional 6.1 billion US dollars in electric vehicles and infrastructure.

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