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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

between 2016 and 2017, bringing the state’s ZEV market share to 4.5%, compared to 3.6% From 2010 through 2016, average battery cost per kilowatt-hour has dropped 74%, from over $1,000 to $273/Kwh while energy density has improved 5% per year. It introduced 25 new models in 2016 and saw sales jump 70%. ZEV sales increased 29.1%

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Charging infrastructure financing: Unlocking Up $4.5 Loan guarantees can be an important tool to commercialize innovative technologies because these projects may be unable to obtain full commercial financing due to the perceived risks associated with technology that has never been deployed at commercial scale in the United States.

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